China’s Sailun starts work on $1bn tyre factory in Egypt

Sailun Breaks Ground on New Tyre Plant in Egypt

Sailun Group has broken ground on a new USD 291 million tyre plant in Egypt’s Suez Canal Economic Zone, marking a major step in its global expansion while boosting local industry, job creation, and Sino-Egyptian cooperation. Groundbreaking Ceremony Marks Strategic Milestone On 10th September (Egypt local time), Sailun held the groundbreaking ceremony for its new plant in the Suez Canal Economic Zone, marking a significant step forward in the Gro…

China’s Sailun starts work on $1bn tyre factory in Egypt

Construction begins in Suez zone Plant will cover 350,000sq m Expected to create 1,500 jobs China’s Sailun Group has started building a $1 billion tyre plant in Egypt’s Suez Canal Economic Zone as part of the Cairo government’s attempt to increase domestic production. The factory aims to meet growing demand in local and regional markets, according to media reports. The plant, which will cover 350,000 square metres, is among the largest Chinese i…