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Construction|Industrial|Manufacturing|PROJECT|transport|tyres|Manufacturing
Construction|Industrial|Manufacturing|PROJECT|transport|tyres|Manufacturing
construction|industrial|manufacturing|project|transport|tyres|manufacturing-industry-term

Rolling Plus tyre manufacturing factory, Egypt

Image of tyre manufacturing

Photo by ©Bloomberg

3rd November 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Rolling Plus tyre manufacturing factory.

Location
Sokhna Industrial Zone, in the Suez Canal Economic Zone (SC Zone), in Egypt.

Project Owner/s
General Authority of the SCZone.

Project Description
Egypt plans to establish a tyre-manufacturing factory on an 400 000 m2 site.

The project will be implemented in three phases.

Phase 1 involves the implementation of construction work for the factory, along with production lines for the tyres, with a capacity of 2.5-million tyres a year.

Phase 2 includes adding a light transport tyre production line producing 3.5-million tyres a year, and providing 40% of them for the local market.

In Phase 3 production will be expanded to seven-million tyres a year after adding the heavy transport tyre production line.

Potential Job Creation
The project will provide 1 000 direct and indirect job opportunities.

Capital Expenditure
Phase 1 is estimated at between €400-million to €450-million.

Planned Start/End Date
Not stated.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
SCZone, email invest@sczone.eg.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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