Sailun's $804 million tyre plant begins trial operation in the Suez Canal Economic Zone
In short
The Suez Canal Economic Zone authority announced that the Chinese Sailun group's tyre plant produced its first car tyre as trial operation began. Investments total $804 million.
The Suez Canal Economic Zone authority announced that the tyre plant of the Chinese group Sailun has produced its first car tyre in the zone. It came as the plant began trial operation.
The project
- The plant sits on 400,000 square metres in the area of the industrial developer TEDA Egypt, inside the authority's Integrated Sokhna Zone.
- Total investments are $804 million.
- The project is targeted to provide more than 3,000 direct jobs.
- It relies on the latest smart manufacturing technology.
- The official opening and start of actual operation are expected in early 2027.
What the authority said
Mostafa Shaikhoun, head of the authority, said the first Egyptian-made car tyre is an important executive step to transfer and localise tyre-making technology in Egypt. He said it serves the state's strategy to strengthen supply chains and value added in the vehicle sector.
He said the authority is building an integrated industrial system for this industry. The aims are to cover local market needs, cut the import bill for supplies and spare parts, and widen access for Egyptian exports to regional and international markets.
He added that the authority works to attract advanced-technology investment in priority sectors. He listed ongoing coordination with investors, a digital one-stop-shop service, ready infrastructure and suitable incentives.
