By Ellaithy auto group
Dec 30 ,2024
mg motor factory build new factory in Egypt
Prime Minister Dr. Mostafa Madbouly attended the signing of the agreement between Al-Mansour Automotive Group and the Chinese company SABIC Motor to build an MG car factory. The agreement was held in the administrative capital in the presence of a group of the most important cadres, including the Minister of Industry and Transport, the Deputy Prime Minister, the Minister of Investment and Foreign Trade, and others. The contract stipulated the construction of a new factory for the manufacture of Chinese MG cars on an area of land. Here are the most important details of this agreement below.
mg motor factory
This agreement was signed by the CEO of Mack Company, which specializes in manufacturing transportation vehicles, and Aimin Zhao, Vice President of the Chinese company that owns the MG brand. As for the land contract, it was signed by the Chairman of the General Authority for Ports.
Dr. Mostafa Madbouly commented, stressing that this step is very important in the car industry, and that the volume of investments in this agreement has reached 135 million dollars, with MG cars to be manufactured in the local market with local components amounting to about 45%. It is worth noting that the idea of the MG car factory came thanks to Egypt’s strong support for the automotive sector in general, as Egypt aimed to manufacture cars with a large local component, and based on this vision, an area of about 126 thousand square meters was allocated for the right to build the factory.
Al-Mansour Automotive Group has planned to start operating the production line at the beginning of the second quarter of 2026, with the factory’s production capacity initially being about 50 thousand units, while upon reaching the second phase, the factory’s production capacity will reach about 100 thousand units.
A new factory for manufacturing MG cars
It is planned that the MG car factory will include different units for the purpose of manufacturing various cars, but this factory also contains a group of elements such as:
- MG Cars Company contains a workshop for car bodies, with an area of 8,000 square meters.
- There is also a workshop inside the factory dedicated to painting cars, as this workshop has an area of 12,000 square meters, and it will be designed to the highest standards of quality.
- There is another workshop with an area of 10,000 square meters, as this workshop is dedicated to assembling cars.
- Finally, the factory contains administrative buildings and facilities, in addition to a warehouse with an area of not less than 5,000 square meters.
Providing job opportunities
The MG car factory is distinguished by its direct role in providing more than 10,000 job opportunities, and this is considered an amazing opportunity to train new cadres to enter the local market, all of which and more plays a vital role in strengthening the economy in Egypt.
In conclusion, the Chairman of the Board of Directors of Al-Mansour Group stressed that this MG car factory will play a major role in achieving the required growth in the car market, as this type of partnership is an excellent step in the field of car manufacturing, especially since those in charge of this project put the needs of the local and global market in the first place, and Al-Mansour Group has proven its worth in raising the Chinese MG brand in Egypt since 2018, by achieving the highest sales of MG cars.
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