Quick Takeaways
- Two-phase USD 190 million tire manufacturing project strengthens Egypt’s industrial localization and export capacity.
- Large-scale facility in the Suez Canal Economic Zone positions Egypt as a regional automotive manufacturing hub.
Strategic Egypt Suez Canal Economic Zone Tire Manufacturing Investment
On December 23, Egypt announced a major industrial development as the Suez Canal Economic Zone secured a new tire manufacturing investment aimed at strengthening local production and export capabilities. The agreement involves setting up a large-scale facility focused on heavy truck and passenger car tires, reinforcing Egypt’s position in the global automotive supply chain.
The Egypt Suez Canal Economic Zone tire manufacturing investment involves a total capital commitment of USD 190 million for an integrated industrial complex. The facility will manufacture heavy truck tires and passenger car tires to serve both domestic demand and international export markets, supporting Egypt’s industrial localization strategy.
Spanning approximately 200,000 square meters, the project is expected to generate around 1,400 direct employment opportunities. The scale of the development reflects the growing importance of the Suez Canal Economic Zone as a hub for automotive and component manufacturing.
Phased Development Plan and Production Timeline
The Egypt Suez Canal Economic Zone tire manufacturing investment will be executed in two clearly defined phases to ensure structured capacity expansion and operational readiness.
Phase One – Construction and Initial Production
Phase Two – Capacity Expansion and Diversification
Manufacturing Capacity and Market Reach
Once fully operational, the plant developed under the Egypt Suez Canal Economic Zone tire manufacturing investment will have an annual production capacity of:
The output will cater to both the Egyptian market and international exports, supporting regional supply chains and enhancing Egypt’s role as a manufacturing and logistics gateway between Africa, the Middle East, and Europe.
This investment underlines the continued momentum in Egypt’s automotive manufacturing ecosystem and highlights the strategic value of the Suez Canal Economic Zone in attracting large-scale industrial projects.
On December 23, Egypt announced a major industrial development as the Suez Canal Economic Zone secured a new tire manufacturing investment aimed at strengthening local production and export capabilities. The agreement involves setting up a large-scale facility focused on heavy truck and passenger car tires, reinforcing Egypt’s position in the global automotive supply chain.
The Egypt Suez Canal Economic Zone tire manufacturing investment involves a total capital commitment of USD 190 million for an integrated industrial complex. The facility will manufacture heavy truck tires and passenger car tires to serve both domestic demand and international export markets, supporting Egypt’s industrial localization strategy.
Spanning approximately 200,000 square meters, the project is expected to generate around 1,400 direct employment opportunities. The scale of the development reflects the growing importance of the Suez Canal Economic Zone as a hub for automotive and component manufacturing.
Phased Development Plan and Production Timeline
The Egypt Suez Canal Economic Zone tire manufacturing investment will be executed in two clearly defined phases to ensure structured capacity expansion and operational readiness.
Phase One – Construction and Initial Production
- Scheduled to begin in April 2026
- Focus on core infrastructure development
- Establishment of the initial heavy truck tire production line
- Setup of essential supporting and service facilities
Phase Two – Capacity Expansion and Diversification
- Planned to start in September 2028
- Duration of 12 months
- Expansion of heavy truck tire manufacturing capacity
- Introduction of a dedicated passenger car tire production line
Manufacturing Capacity and Market Reach
Once fully operational, the plant developed under the Egypt Suez Canal Economic Zone tire manufacturing investment will have an annual production capacity of:
- 1 million heavy truck tires
- 4.5 million passenger car tires
The output will cater to both the Egyptian market and international exports, supporting regional supply chains and enhancing Egypt’s role as a manufacturing and logistics gateway between Africa, the Middle East, and Europe.
This investment underlines the continued momentum in Egypt’s automotive manufacturing ecosystem and highlights the strategic value of the Suez Canal Economic Zone in attracting large-scale industrial projects.
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