On September 10, Sailun held a significant ceremony to mark another step forward for their new plant in Egypt located in the Suez Canal Economic Zone. The ceremony was attended by key representatives from both China and Egypt, including Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE); Tareq Hamed Mohamed El-Shazly, Governor of Suez; Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization (AOI); Cao Hui, Executive Director of Egypt TEDA Special Zone Development Company; and Xie Xiaohong, President of Sailun Group.
New facility to produce 3.6 million tyres annually and create 1,000 jobs
During the event, Xie Xiaohong delivered a speech announcing the official launch of this major investment project. He emphasised that the Egypt plant will significantly enhance Sailun’s global supply chain efficiency and market responsiveness, better meeting the demands of customers in Africa, the Middle East, and Europe. Additionally, the project will not only expand local tyre production capacity in Egypt but also promote development across the industrial chain, create numerous job opportunities, cultivate technical talent, and drive the integration of advanced manufacturing concepts with Egypt’s local industries.
Cao Hui noted that the project, with a total investment of USD 291 million, will establish a plant with an annual capacity of 3.6 million tyres for Sailun. Upon reaching full production, it is expected to generate approximately USD 190 million in annual sales revenue, create nearly 1,000 jobs, and stimulate over USD 500 million in supporting upstream and downstream industries.
