Shandong Linglong Tyre Egypt Project Wins Board Approval

Shandong Linglong Tyre Approves Egypt Manufacturing Project

Shandong Linglong Tyre Co., Ltd. has approved an overseas investment and construction project in Egypt, with the company’s board authorizing the development on September 24. The Shandong Linglong Tyre Egypt Project carries a total planned investment of USD 270 million and will be located in Borg Al Arab, Alexandria, Egypt. The planned site covers 251,460 square meters, providing the land area required for the new manufacturing operation. The project represents an overseas production expansion by Shandong Linglong Tyre Co Ltd and establishes a new manufacturing presence in Egypt.

Egypt Plant to Produce 6 Million Tires Annually

Construction of the project is planned to take two years. Once completed, the facility is expected to have an annual production capacity of 6 million sets of semi-steel radial tires. The approved investment therefore covers both the construction of the new production site and the establishment of the capacity specified for the project. The company stated that it will directly or indirectly hold 100% of the equity in the project, giving Shandong Linglong Tyre Co Ltd full ownership through its direct or indirect investment structure. The development adds a dedicated tire manufacturing project to the company’s overseas operations.

Industry Impact & Outlook

The project is significant for Shandong Linglong Tyre’s overseas manufacturing footprint because it combines a USD 270 million investment with planned annual capacity of 6 million sets of semi-steel radial tires in Egypt. The two-year construction period provides a defined timeline for establishing the Borg Al Arab facility, while the company’s planned 100% direct or indirect equity ownership indicates full control of the project. The immediate next steps are the construction phase and subsequent development of the planned production capacity. The project’s practical impact will center on expanding tire manufacturing capability in Egypt and strengthening the company’s production presence outside its existing operations.

Frequently Asked Questions

What is the investment value of Shandong Linglong Tyre’s Egypt project?
The Shandong Linglong Tyre Egypt Project has a total planned investment of USD 270 million and will be developed in Borg Al Arab, Alexandria, Egypt. The project covers 251,460 square meters and has a planned construction period of two years. After completion, the facility is expected to produce 6 million sets of semi-steel radial tires annually. Shandong Linglong Tyre Co., Ltd. will directly or indirectly hold 100% of the project’s equity, according to the approved project details.