Egypt’s Minister of Industry met with China National Tire & Rubber executives to discuss a $550 million tire plant project in Alexandria.
Egypt’s Minister of Industry Khaled Hashem met with China National Tire & Rubber Corporation executives, led by Chairperson Wang Jianjun, on June 9. The company plans to build a new facility in Alexandria’s Amreya district through Prometeon Tyre Egypt, adding capacity for 1.5 million tires annually for trucks and agricultural equipment.