Photo: Ministry of Industry
The move aligns with the government’s strategy to localize the automotive industry and expand green manufacturing.
The new plant, situated on a 55,000-square-meter area, is expected to achieve an annual production capacity of 100,000 vehicles, including both fuel-powered and electric models, within five years of operation, thereby contributing to Egypt’s industrial expansion and green transformation.
El-Wazir stated that the project will produce 50,000 environmentally friendly vehicles in its initial phase.
He described the plant as a key milestone in Egypt’s National Automotive Industry Development Strategy, which aims to establish a fully integrated automotive ecosystem encompassing component manufacturing, vehicle assembly, and the localization of electric and hybrid car production, aligning with global sustainability trends.
“The MAC plant will be the nucleus for establishing a city dedicated to automotive production and its feeder industries at this strategic location,” El-Wazir said.
He added that the Ministry of Industry and Transport is implementing Egypt’s automotive vision through two main pillars: creating a favourable legislative and investment climate to attract investors, and deepening partnerships with local and international private-sector players.
The minister noted that the national automotive development programme targets raising production capacity to 100,000 vehicles per company annually and 7,000 electric cars by 2032, while increasing local content to more than 35 percent and local value-added to 60 percent.
The plan, he said, is supported by an integrated system of performance-based industrial, environmental, and investment incentives.
El-Wazir emphasized the government’s commitment to positioning Egypt as a regional automotive hub for Africa and the Middle East, leveraging its strategic location, advanced transport infrastructure, and access to regional markets.
He praised Al Mansour Group’s “serious and patriotic investment,” noting that the company’s five-decade experience in Egypt’s auto market makes it a vital partner in achieving the country’s industrial goals.
The plant’s total investment exceeds $150 million and is expected to create between 6,000 and 10,000 direct and indirect jobs.
Giza Governor Adel El-Naggar said the project aligns with Egypt’s broader vision to deepen local manufacturing and attract high-value investments in strategic sectors.
He reaffirmed the governorate’s commitment to facilitating industrial projects and supporting investors as key partners in achieving comprehensive economic development.
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