The planned facility will manufacture tyres and conveyor belts while producing key inputs such as carbon black and steel cords to support an integrated local supply chain.
China’s Linglong Group has signed a memorandum of understanding (MoU) with Egypt’s Ministry of Industry to establish an integrated industrial complex for tyre and conveyor-belt manufacturing. The proposed project involves an investment of approximately $2 billion and is intended to strengthen Egypt’s domestic manufacturing capabilities.
The planned complex will produce passenger car, truck and bus tyres, along with conveyor belts. It will also include supporting industries manufacturing key production inputs, including carbon black and steel cords. By bringing these activities together, the project aims to develop a more integrated tyre manufacturing value chain in Egypt.
According to the Egyptian government, the investment is expected to create more than 5,000 jobs and support the transfer of technology and technical expertise. However, the authorities have not yet provided detailed production-capacity figures or a construction and commissioning timeline.
Production from the proposed complex is expected to serve the Egyptian domestic market while also targeting export opportunities in Europe and the United States. The export-oriented approach could strengthen Egypt’s position as a regional manufacturing base for automotive and industrial rubber products.
The project was initially announced in April, when the Egyptian government said discussions were underway with local partner Nile Co. for a development in the Borg El Arab area, southwest of Alexandria. The latest MoU marks further progress in the proposed investment, although the project remains subject to subsequent development and implementation steps.
The planned facility reflects the growing interest of international tyre manufacturers in Egypt’s industrial and export potential. Its proposed combination of tyre production, conveyor-belt manufacturing and localised raw-material supply could create opportunities across the country’s rubber, automotive and industrial supply chains.