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Mansour Group signs exclusive agreement with China’s SAIC to manufacture MG cars in Egypt
Mr Ankush Arora, CEO of Mansour Automotive, right, shakes hands with Eng Syed Metwally of the Egyptian Ministry of Transport at the signing ceremony, before the Prime Minister of Egypt, Dr Mostafa Madbouly, centre, Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, left, and Dr Hassan Al-Khatib, Minister of Investment and Foreign Trade, right.
In a significant step towards enhancing and developing the automotive industry in Egypt, Mansour Group – the exclusive distribution partner of MG in Egypt – announced the signing of an exclusive technical licensing agreement with China’s Number 1 Automotive Company SAIC (Shanghai Automotive & Industrial Corporation) – the owner of the iconic MG brand – to manufacture & assemble MG cars in Egypt.
This comes in conjunction with the signing of a land lease usufruct contract between Mansour Group’s newly established industrial arm – Mansour Mobility & Manufacturing (MMM) – with the General Authority for Land and Dry Ports and Logistics Zones in the new 6th of October Industrial Zone to establish a new state of the art automotive manufacturing facility with a production capacity of up to 50,000 cars annually in the first phase.
Mansour Group acquired the exclusive distribution rights for MG cars in Egypt in 2018 as part of a strategic partnership between the two companies, and within a few years, it was able to raise the MG brand to the top of passenger car sales in Egypt, supported by the largest network of service centres and spare parts within the group.
The contracts were signed at the headquarters of the Cabinet in the New Administrative Capital, in the presence of His Excellency Dr Mostafa Madbouly, Prime Minister of Egypt; Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry; and Dr Hassan Al-Khatib, Minister of Investment and Foreign Trade.
The signing was also attended by representatives of Mansour Automotive Group, headed by Yasseen Mansour, Board Member of Mansour Group, and Ankush Arora, CEO of MAC Mobility & Manufacturing, in addition to representatives from SAIC, including Aimin Zhao, Vice President of SAIC Motor International, and Zhu Chao, Head of the Africa Sector at the company.
MAC Mobility & Manufacturing plans to start production during the second half of 2026 with a production capacity of 50,000 units in the first phase, with an ability to double production in the second phase of up to 100,000 units annually with a local component value addition of more than 45%.
The new greenfield factory will include various units for manufacturing cars, including a body shop covering an area of 8,000 square meters, and a state-of-the-art paint shop covering an area of 12,000 square meters, in addition to a general assembly workshop covering an area of 10,000 square meters, a building for facilities and another for administration. The factory will also include a closed warehouse with an area of 5,000 square meters.
Sir Mohamed Mansour, Chairman of Mansour Group, commented that investing in the automotive industry has become a priority to achieve the desired growth of the automotive market in Egypt, adding that cooperation with major automotive companies such as SAIC increases the opportunities for expansion and progress in the automotive industry.
Mr Zhao commented that is an important milestone that furthers the strategic partnership between Mansour Group & SAIC established since 2018. Local assembly of MG products in Egypt for both the domestic and regional markets will help provide consumers with the latest products from the MG brand with great value and competitive pricing.
In turn, Mr Arora thanked the government for its efforts in providing an encouraging environment to enhance the development of the automotive industry and adopt policies to encourage local manufacturing, adding that this support enhances the ability of companies to implement their projects and contributes to making Egypt a major centre for automotive manufacturing in the region.
He added that the project will contribute significantly to enhancing local manufacturing, and exports and achieving the Egyptian government’s vision of a sustainable automotive industry.
The project is one of the largest investments in the automotive industry in Egypt and comes within the framework of supporting the Egyptian government’s strategy to enhance the local automotive industry and increase export capacity. It is expected to contribute to creating 10,000 direct and indirect job opportunities, and it also provides a real opportunity to train new talents and introduce them to the Egyptian market, which will enhance sustainable economic development in the country. The project also reflects a strategic step towards achieving self-sufficiency in the automotive industry and enhancing Egypt’s ability to expand into regional markets.