Mohamed Mansour Breaks Ground on $150m Cairo Vehicle Plant

Mohamed Mansour breaks ground on $150m Cairo vehicle plant

Egyptian billionaire Mohamed Mansour has taken another step to expand his industrial footprint, breaking ground on a new $150 million transport vehicle factory in 6th of October City, west of Cairo. The event drew top government officials, including Egypt’s Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, who joined Mansour to lay the foundation stone for the project.Egypt factory to build …

Mansour Group to Invest $150mn in a New Vehicle Assembly Plant in Egypt | The Middle East Observer

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 […]