Egypt is making a significant foray onto the global tire production scene with twin initiatives: the first one, a new US$ 1.07 billion tire manufacturing plant to be commissioned in three phases, and the second, a cutting-edge plant for recycling used tires, to be established in collaboration with Germany.
What is covered in the Full Insight:
Introduction
Details of the Tire Plant Project
Incentives for Localizing Automotive Industry
Challenges with Raw Material Imports
Tire Recycling Plant Collaboration
SUMMARY
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