China's Jiangsu Changhong plans $20mln automotive equipment factory in Egypt
· Egyptian market news · ARAB
Minister of Investment and Foreign Trade Mohamed Farid Saleh discussed with China-based intelligent manufacturing company Jiangsu Changhong the establishment of a factory in Egypt to manufacture automotive equipment and production lines, with an initial investment of around $20 million, as per a statement.
The proposed project would localize automotive equipment production and manufacturing lines in…
Source: zawya.com — read the original story