Mansour Automotive to invest $100M in Egypt over 4 years

Updated 9/29/2024 6:19:00 AM
Mansour Automotive to invest $100M in Egypt over 4 years

Arab Finance: Mansour Automotive, the official General Motors (GM) dealer in Egypt, is planning to inject over $100 million in new investments into the Egyptian market over the next four years, the company's Chief Operating Officer Loutfy Mansour told Asharq Business.

Mansour added that these investments will focus on boosting local manufacturing, which he described as a priority for the company in the near future.

He revealed that the company has invested around $50 million in the Egyptian market over the past four years.

Related News