Sleep Comfort to tap Egypt in 2017. Turnover expected to reach $20 million as a start

Sleep Comfort, a manufacturer of mattresses and furniture, will open a factory in Egypt in late 2017.

Noel Ayoub, Chairman, said: "We find it feasible to tap this large market."

Investment in the project is estimated at $20 million. "The operational costs are very low compared to Lebanon," he said.

The facility will cover an area of 10,000 square meters. It will create 500 full time jobs.

The turnover of the Egyptian facility is expected to be $20 million in the beg...

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