Fresh details on the Al Mansour Automotive’s MG manufacturing plant: Al Mansour Automotive and Chinese state-owned SAIC will invest some USD 135 mn on their factory for the manufacture of SAIC-owned brand MG vehicles, according to a cabinet statement.
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Land for the project secured: The Transport Ministry inked a land usufruct agreement with Al Mansour Auto, granting it a 126k sqm plot in New October City for its factory.
Al Mansour secures technical licensing for the project: SAIC inked an agreement granting Al Mansour Auto the technical license to produce MG cars in Egypt.
The details: The factory will have a production capacity of 50k units annually during its first phase and its production capacity is set to double during its second phase. The facility will include body, paint, and assembly workshops, and will create some 10k direct and indirect jobs. The factory is set to kick off production in 2Q 2026 and will have a local component ratio exceeding 45%.
The factory will produce the MG5 Sedan model, but Al Mansour has future plans to begin manufacturing four-wheel drive vehicles and EVs, according to a separate statement.
A confirmation after weeks of unconfirmed reports: The news follows weeks of unconfirmed reports regarding the partnership, the factory, and the land usufruct agreement.
The MG factory aims to meet export and local demand and is part of broader government efforts to localize the auto industry.
A long time coming: The two have been working together for some time now, with Al Mansour securing the rights to be MG’s exclusive distributor in Egypt back in 2018. Just a year after this, we first heard about Al Mansour Automotive’s plans to produce MG-badged vehicles in partnership with MG Motor parent company SAIC.
** READ MORE: We dive deeper into the efforts to localize Egypt’s auto industry in an Inside Industry published earlier this year. Check out the story here.