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Orascom, China’s Guide Automotive to Build EV and Desalination Complex in Ain Sokhna | The Middle East Observer

Summary by meobserver.org
Orascom Industrial Parks has signed a USD 63.9 million (EGP 3 billion) agreement with China’s Guide Automotive Technology to develop a manufacturing complex for electric vehicle (EV) technologies and water desalination equipment in Ain Sokhna Industrial Zone, according to a statement by the Suez Canal Economic Zone. The 70,000-square-metre complex will be developed in three […]
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meobserver.org broke the news in on Monday, February 2, 2026.
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