Friday, March 6, 2026

Mansour Group to Invest $150mn in a New Vehicle Assembly Plant in Egypt

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Egypt’s Mansour Group is set to invest $150 million in a new vehicle assembly plant on the 6th of October City, marking one of the largest private industrial investments in the country’s automotive sector. The facility — to be developed under MAC for Transport Manufacturing — will span 30 feddans and is designed with an initial annual production capacity of 50,000 vehicles, expandable to 100,000 units in later phases.

Chairman Mohamed Mansour said construction and equipment installation are expected to be completed by September 2026, with production starting before December 2026. The plant will include modern assembly lines for both conventional and electric models, developed in partnership with China’s SAIC Motor, the manufacturer of the MG brand.

The project is expected to save $500 million a year in foreign-currency outflows that would otherwise be spent on vehicle imports. It will also create 5,000–6,000 direct and indirect jobs, contributing to Egypt’s efforts to localise industrial production and strengthen supply-chain capacity.

Mansour described the venture as a cornerstone in Egypt’s Automotive Industry Strategy, aimed at increasing domestic value-addition, boosting exports, and positioning the country as a manufacturing hub for Africa and the Middle East. Initial local-content levels are projected to exceed 45%, with plans to scale further as supplier networks mature.

The factory’s success will hinge on several factors — including timely completion, supplier readiness, and cost-competitive export performance — but analysts view the move as a clear vote of confidence in Egypt’s industrial base. By coupling a major private-sector investment with government incentives for localisation and EV production, the Mansour Group appears poised to play a central role in reshaping Egypt’s automotive landscape.

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