Egypt’s Mansour Automotive Group has joined forces with Chinese automaker SAIC Motor to establish a $135 million worth car plant in New October City’s industrial zone. The agreement, announced by the Ministry of Trade and Industry, includes a technical licensing deal to produce MG-branded cars with over 45% local components.
This initiative aligns with Egypt’s National Strategy for Localizing the Automotive Industry, a key policy spearheaded by President Abdel-Fattah El-Sisi to bolster the country’s manufacturing capacity. Prime Minister Mostafa Madbouly affirmed that the project reflects Egypt’s commitment to strengthening its automotive industry and enhancing export potential.
Deputy Prime Minister and Minister of Industry and Transport, Kamel El-Wazir, described the project as a landmark investment in Egypt’s automotive sector. A 126,000-square-metre industrial plot has been allocated in New October City for the factory, which will produce MG cars and other modes of transportation.
Al-Mansour Automotive Group plans to commence production in the second quarter of 2026 with an initial capacity of 50,000 units annually, scaling up to 100,000 units in the second phase. The factory will feature advanced production facilities, including an 8,000-square-metre body shop, a 12,000-square-metre state-of-the-art paint shop, a 10,000-square-metre assembly workshop, utility and administrative buildings, and a 5,000-square-metre warehouse.
The project is expected to generate 10,000 direct and indirect jobs, providing extensive training and development opportunities for the Egyptian workforce while contributing to the nation’s sustainable economic growth.
Since acquiring exclusive distribution rights for MG in 2018, Al-Mansour Automotive Group has positioned MG as a leading passenger car brand in Egypt, backed by a robust service network. Founded in 1975, the group collaborates with major global brands such as GM, Isuzu, Stellantis, and SAIC, maintaining its status as a regional automotive leader.
SAIC Motor, a powerhouse in China’s automotive industry, produced over 5 million vehicles in 2023, ranked 93rd on the Fortune Global 500, and reported revenues of $105.2 billion. Known for its commitment to global expansion and innovation, SAIC Motor sees this partnership as a step toward solidifying its international footprint.
The collaboration between Mansour Automotive Group and SAIC Motor underscores Egypt’s ambition to become a regional hub for automotive manufacturing, fostering economic growth and technological advancement.
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