Zhongtian Group is an advanced manufacturing conglomerate specializing in optical communications, smart grid, renewable energy, marine equipment, and new materials. Its subsidiary, Zenith Group, focuses on steel and tire component manufacturing.
The production project aims to channel investments across a total area of almost 320,000 square metres in the China-Egypt TEDA Industrial Zone, a Chinese-developed industrial park developed by TEDA Egypt in the SCZone’s Ain Sokhna Industrial Zone.
This comes as the state continues to deepen manufacturing, engineering, and production of intermediate raw materials to attract investments in advanced technological and metal industries and reduce imports, according to SCZone Chairman Walid Gamal El-Din.
It also aligns with Egypt’s national manufacturing strategy, which aims to raise non-oil exports by 15–20 percent annually through 2030 and to have manufacturing lead the GDP growth by 29 percent.
The SCZone has been adding more Chinese presence to its portfolio as more international companies continue to trust in Egypt’s investment climate. The zone attracted around $13 billion in foreign investment over the past three years and $7.1 billion in investments as of May 2026, during the fiscal year 2025/26, which ended on 30 June.
In December 2025, three Chinese firms inked agreements to establish industrial complexes worth $1.15 billion for polyester fiber, tires, and health products manufacturing.
Furthermore, the agreement also includes establishing a production line to produce 120,000 tonnes of steel cord for car tires and 50,000 tons of bead wire annually.
Around 30 percent of the project’s output will be exported to global markets in the Middle East, Europe and the Americas; it will also create around 1,000 direct job opportunities.
Egypt has been working on new incentives for the local automotive industry and to increase the local content ratio in several sectors, including the automotive industry, where locally made components are targeted to reach 60 percent of vehicle production by 2030.
Additionally, this also aligns with Egypt’s goal of supporting local industry, increasing promotion of manufacturing localization, and reducing imports, following the recently finalized set of tender and procurement documents that prioritize locally manufactured products and small and medium-sized enterprises (SMEs).
Integrating Zenith Group into the SCZone will improve the supply chain for the automotive and rubber sector in Egypt and support the manufacturing of advanced tire reinforcement materials. It will also reduce reliance on imported steel cord by localizing the latest technologies in deep metal processing.
Improving industrial efficiency and competitiveness is also a key objective of Egypt’s National Industry Strategy 2030, which aims to expand industrial production, address structural challenges in manufacturing, and attract technology- and innovation-driven investment.
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