The project includes setting up and operating a factory for
the production and assembly of all types of cars and passenger vehicles, as
well as light and medium transport vehicles. It also covers a factory for the
production and assembly of microbuses and midibuses with a capacity of up to 25
seats, and buses with a capacity of up to 50 seats. In addition, the project
involves establishing a factory to produce and assemble parts and components
for these vehicles, including spare parts, tires, and interior entertainment
systems. It also includes a fully integrated and modern painting facility,
along with all related production materials and components, and the
implementation of all complementary activities.
The project is being implemented with an investment cost of
approximately EGP 6.3 billion. It is considered a promising initiative that
will contribute to deepening and localizing the automotive industry, meeting
local market demand, supporting exports, and reducing environmental impacts by
promoting electric vehicles and environmentally friendly manufacturing
technologies, thereby supporting the green economy.
The project is labor-intensive, expected to create around
1,000 job opportunities across various specialties. It aims to export at least
50% of its production, enhancing the competitiveness of Egyptian products in
regional and international markets, increasing foreign currency revenues, and
opening new markets for national products in the electric vehicle and advanced
technology sectors.
The company’s project, expected to be completed by early
2027, seeks to localize the industry and increase the local content by
targeting the production of 50,000 vehicles over a five-year period. This is
expected to reduce import dependency during the same period, with the local
content ratio starting at 42%, in line with the state’s strategy to deepen
local manufacturing and reduce reliance on imports.
At the same time, the Cabinet approved granting the “single
approval” or “Golden License” to Deli Egypt for Industry S.A.E. for its project
to establish and operate a factory producing all office supplies, school
stationery, children’s sports equipment, and other products. The factory will
be located on an area of approximately 160,000 square meters in the industrial zone
southwest of 10th of Ramadan City, Sharqia Governorate.
This project represents Deli’s first investment in Egypt.
Deli is a leading global group in the cultural and technological industries,
with over 44 years of experience. During this time, it has established 10
regional centers and 54 branches worldwide. The group also operates e-commerce
platforms in major markets such as Amazon, Shopee, and Lazada, and manages 10
independent brands, including Agnite and Nusign, covering 24 product
categories, including school and office supplies, office furniture, sporting
goods, and tools.
The proposed project is labor-intensive, expected to create
around 2,200 job opportunities across various specialties. It is being
implemented with an investment cost of approximately EGP 8.8 billion and will
contribute to deepening local content in its products by sourcing more than 50%
from local suppliers. The project also aims to export at least 50% of its
production abroad, with completion expected by mid-February 2027.