Mansour Group and China’s SAIC Motor have teamed up to establish a groundbreaking $135m automotive manufacturing plant in Egypt. The plant, located in New October City, will cover an area of 126,000 m2 in the city’s industrial zone.
Egypt Prime Minister Mostafa Madbouly graced the signing ceremony, highlighting the plant’s significance in bolstering the country’s automotive sector. The agreement includes a technical licensing deal for the local production of MG cars, marking a pivotal step in Egypt’s national strategy to enhance local production and foster sustainable growth.
Key officials present at the ceremony included Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel Al-Wazir, and Minister of Investment and Foreign Trade Hassan El-Khatib.
The factory aims to commence production by the second quarter of 2026, with an initial annual output of 50,000 units and plans to double this capacity in the future. The vehicles manufactured at the plant are expected to have a local content exceeding 45%, aligning with Egypt’s goal to reduce import dependence and enhance the domestic automotive supply chain.
Al-Wazir emphasized the advanced capabilities of the factory, which will include specialized units such as a body shop, a state-of-the-art paint workshop, a general assembly line, and a comprehensive warehouse. The facility will not only focus on car production but also offer a range of transportation solutions, contributing to the overall automotive ecosystem.
Equipped with facilities that adhere to international standards, the plant will feature an 8,000m2 body shop, a 12,000m2 paint workshop, a 10,000m2 assembly workshop, and a utility building, along with a 5,000m2 warehouse.
The establishment of this automotive manufacturing plant signifies a major milestone in Egypt’s industrial landscape, showcasing the country’s commitment to promoting local production and economic growth in the automotive sector.
