A Chinese company has decided to establish a factory to produce trucks and minibuses in Egypt. FAW, in cooperation with its agent in Egypt Geyushi Motors, will build the factory in the 10th of Ramadan City, said Trade and Industry Minister Tareq Qabil on Saturday.
Production at the factory should start in March next year, the minister added in a statement.
More stories:
- Panasonic’s TV Factory To Bring Momentum In Egypt’s Manufacturing Sector
- Prince Alwaleed Bin Talal Invests $800 Million In Egypt's Tourism Sector
- Egypt Foreign Reserves Hit Record High In July, But Why?