Egypt advances tire plant with ZC Rubber

Egypt is planning to establish an industrial complex for tire production in collaboration with the Chinese "ZC Rubber" Group, with investments estimated at approximately 500 million U.S. dollars. The facility will cover an area of up to 600,000 square meters in the Suez Industrial Zone. The project's goal is to export around 95% of its production to foreign markets, supporting Egypt's efforts to boost exports and develop its local tire industry. The project will be implemented in three phases and will benefit from Egypt's strategic geographic location and advanced logistical infrastructure to support expansion into regional and international markets, with a focus on technological development and expertise to enhance the competitiveness of the Egyptian industry.

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