Chinese automaker Geely has opened its first completely-knocked-down (CKD) factory in Africa the Middle East and is expected to produce up to 30,000 vehicles annually within the next three years, local media Egypt Today has reported. The opening ceremony was witnessed by Egyptian Prime Minister Mostafa Madbouly, who expressed his hope of Egypt becoming a major export hub for Geely with the facility set to meet local demands as well as cater to other countries in Africa and Middle East. The new plant, based in Egypt, a North African country, has been assembling the Emgrand sedans and Coolray crossovers, according to Song Jim, a vice president of Geely Auto Holding Group, Xinhua News Agency reported. [Egypt Today, Xinhua, in Chinese]
Related
