The Center stated that the Chinese company has decided to
increase its investments in Egypt by $400 million. It also expressed interest
in acquiring a new plot of land adjacent to its main project in Amreya,
covering an area of 200,000 square meters.
The Media Center added that these steps, taken by the
company to expand its existing investments, underscore the importance of the
Egyptian market as a key hub for its operations across the region. The
expansion is also expected to bring added value through the introduction of new
technologies to Egypt’s automotive tire industry.