China’s Jiangsu Changhong Intelligent
Equipment is investing $20 million to develop an automotive equipment manufacturing factory in Egypt.
The company is in talks with authorities to provide land and facilities, the Egyptian cabinet said, citing industry minister Khaled Hashem.
Details of the complex were not given, but the statement said additional investments could be made in later phases.
The minister said local manufacturing of equipment and production lines would help Egypt attract more global automotive investment and support its ambition to become a manufacturing and export centre in the Middle East.
Qiu Yunjie, chairperson of Jiangsu Changhong, said Egypt represents a strategic market for the region’s automotive industry, given its geographical location, network of trade agreements and promising manufacturing and export opportunities.
Last week China’s Zenith Group said it plans to invest $300 million in a car tyre-component manufacturing plant in Egypt.
In April Shandong Linglong Tyre One announced plans to invest nearly $2 billion in a car and heavy-truck tyre factory in the country for export to the Gulf and the US.
And Cairo also signed a deal with Sailun Group in August 2025 to build a $1 billion automotive tyre factory in the Suez Canal Economic Zone.
