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Organi Group eyes USD 1 bn in auto, tourism investments over the next five years
The big-ticket investment figure will be split evenly between the two sectors
China’s Geely and local partner Auto Mobility to kick off local auto assembly starting today
The new factory is hoping to export 30k vehicles while also meeting local demand
My Morning Routine: Osman Abdelmoneim, managing director of Auto Mobility
Abdelmoneim’s day ranges from balancing meetings, testing cars and baking bread
JV plans USD 100 mn investment to localize the production of Geely cars
The JV wants to begin production in 4Q 2024