Advertise your business here! 🚀

Contact us now and get more customers.

Smiling woman thumbs up

Egypt And China’S Sailun Group Sign $1 Billion Deal To Construct Sokhna Industrial Zone Tire Factory

factory
Aug 17, 2025
Article Source LogoConstruction Review
Construction Review

Egypt has inked an agreement with China’s Sailun Group to construct an automotive tire manufacturing factory in the Suez Canal Economic Zone (SCEZ), involving total investments of $1 billion. This was revealed by a Cabinet statement. Furthermore, the construction of this tyre manufacturing facility facility is expected to span three years. Furthermore, it is expected to ultimately achieving an annual production target of 10 million tires. The first phase of the Sokhna Industrial Zone Tire Factory facility is set to be completed by 2026.

Egypt’s Suez Canal Economic Zone contains six ports and four industrial areas that are situated alongside or in proximity to this vital waterway. Additionally, the government has set special legal and tax advantages upon the area to capitalize on the international shipping traffic that passes through.

Also read: Egypt Finally Inks Agreement on its $1.7 Billion Red Sea Petrochemicals Project Near the Suez Canal

Partnership: A contract between China’s Sailun Group and TEDA Egypt, a developer within the Suez Canal Economic Zone (SCZone).

Total investment: $1 billion

Location: China-Egypt Teda industrial zone, Sokhna Industrial Zone (within the SCZone)

Timeline and phased development:

Capacity:

Initial production (Phase 1):

Full Production (Upon full completion):

Factory size: 350,000 square meters

The chairperson of the zone indicated in the previous year that many investments are being channelled toward infrastructure so as to attract potential investors.

Also read: Egypt Inks $200 Million Deal with China’s Sunrev Solar to Construct the Ain Sokhna Solar Energy Complex Project

China has been keen to increase its economic engagement in Egypt. It has ventured into key sectors like ports, green hydrogen, industrial projects, and space exploration.

Recent partnerships and collaborations between Egypt and China in this year cover a wide range of sectors. These underscore a deepening strategic relationship between the two countries.

Additionally, both nations have committed to enhancing economic ties. These economic ties will be enhanced especially in areas like electric vehicles, electronics, artificial intelligence, water desalination, solar energy, and feeder industries.

Also read: Egypt Signs $658 Million Contracts for Abu Tartur Phosphoric Acid Complex Project

Also, significant investment promotion forum is also on the agenda to stimulate joint investments. Chinese investments are notably thriving within the China-Egypt TEDA Suez Economic and Trade Cooperation Zone. Furthermore, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone is home to over 160 Chinese enterprises. Also, Egypt’s favorable strategic location and extensive trade agreements further position it as an optimal production and export hub for Chinese businesses.

Share Your Insights!

Publish your articles, reach a global audience, and make an impact.

0
Recent Comments

Factory Related News You might want to check out

View by
Rwanda’S $190 Million Cimerwa Clinker Factory To Save The Country Billions
Rwanda’S $190 Million Cimerwa Clinker Factory To Save The Country Billions
Construction Review
02 October 2025
factory
Eli Lilly Building $6.5B Pharmaceutical Ingredient Factory In Texas
Eli Lilly Building $6.5B Pharmaceutical Ingredient Factory In Texas
Manufacturing Net
25 September 2025
factory
Eli Lilly Plans $5 Billion Factory To Make Cancer Meds In Virginia
Eli Lilly Plans $5 Billion Factory To Make Cancer Meds In Virginia
Manufacturing Net
19 September 2025
factory
Radiance To Build $370 Million Secure Microchip Factory In Louisiana
Radiance To Build $370 Million Secure Microchip Factory In Louisiana
Manufacturing Net
28 August 2025
factory
Egypt And China’S Sailun Group Sign $1 Billion Deal To Construct Sokhna Industrial Zone Tire Factory
Egypt And China’S Sailun Group Sign $1 Billion Deal To Construct Sokhna Industrial Zone Tire Factory
Construction Review
17 August 2025
factory
Details Of T1'S Solar Vision Emerge After Bailing On $2.6B U.S. Battery Factory
Details Of T1'S Solar Vision Emerge After Bailing On $2.6B U.S. Battery Factory
Manufacturing Net
16 August 2025
factory
€250 Million Siemens Train Factory Officially Opened In Munich-Allach
€250 Million Siemens Train Factory Officially Opened In Munich-Allach
Construction Review
10 July 2025
factory
Gm Adjusts Course On Evs With Major $4B Investment For Factory Upgrades
Gm Adjusts Course On Evs With Major $4B Investment For Factory Upgrades
Manufacturing Today
13 June 2025
factory
Orbic Builds $110M Device Factory To Boost Us-Made Tech
Orbic Builds $110M Device Factory To Boost Us-Made Tech
Manufacturing Today
13 June 2025
factory
Gm To Invest $888 Million To Upgrade Engine Factory In Western New York
Gm To Invest $888 Million To Upgrade Engine Factory In Western New York
Manufacturing Net
29 May 2025
factory
$6.5 Billion Morocco’S Gotion Gigafactory Construction To Commence
$6.5 Billion Morocco’S Gotion Gigafactory Construction To Commence
Construction Review
23 May 2025
factory
Ammunition Manufacturer Announces $300M New Factory
Ammunition Manufacturer Announces $300M New Factory
Manufacturing Net
14 May 2025
factory