Chinese delegation to finalize El Nasr Auto partnership next month

A delegation from an unnamed Chinese automotive company will visit Egypt next month as it nears an agreement with state-owned El Nasr Automotive, Public Enterprises Minister Hisham Tawfik said, according to Al Mal. A preliminary agreement was reportedly reached in August with an unnamed Chinese automotive company to set up an electric vehicles factory in partnership with El Nasr. The company was said to be one of the largest in China.