{"id":657997,"date":"2024-12-30T00:00:00","date_gmt":"2024-12-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/30\/al-mansour-auto-saics-usd-135-mn-mg-manufacturing-plant-to-go-live-in-2026\/"},"modified":"2024-12-30T00:00:00","modified_gmt":"2024-12-30T00:00:00","slug":"al-mansour-auto-saics-usd-135-mn-mg-manufacturing-plant-to-go-live-in-2026","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/30\/al-mansour-auto-saics-usd-135-mn-mg-manufacturing-plant-to-go-live-in-2026\/","title":{"rendered":"Al Mansour Auto, SAIC\u2019s USD 135 mn MG manufacturing plant to go live in 2026"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Fresh details on the Al Mansour Automotive\u2019s MG manufacturing plant: <\/strong>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 <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02D5XDakhTpVgwhijqDdBq5ZUzKF91BXPZpKqMM6db4Nu5EuAkBnhDzVWG3BKSZn9Rl\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Land for the project secured: <\/strong>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. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Al Mansour secures technical licensing for the project: <\/strong>SAIC inked an agreement granting Al Mansour Auto the technical license to produce MG cars in Egypt. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> 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%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The factory will produce the MG5 Sedan model<\/strong>, but Al Mansour has future plans to begin manufacturing four-wheel drive vehicles and EVs, according to a separate <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0RrJ3BSKpYYLEdDNxK7RiCvsY9sHXnM6NToZHhVYerG8RvZ65JoheimkDiJTwuEqgl\" style=\"\" rel=\"noopener\">statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A confirmation after weeks of unconfirmed reports: <\/strong>The news follows weeks of unconfirmed reports regarding the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a13f17d5-404b-48f6-9659-a93d71ef029b\/al-mansour-automotive-and-china%E2%80%99s-saic-to-build-mg-assembly-plant\" style=\"\" rel=\"noopener\">partnership, the factory<\/a>, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/937c968c-87cd-49f3-8d08-389e98565f59\/gov%25e2%2580%2599t-allocates-plot-for-al-mansour-automotive-and%253cmark%253e-saic%253c%2Fmark%253e%25e2%2580%2599s-mg-assembly-plant\" style=\"\" rel=\"noopener\">land usufruct agreement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The MG factory aims to meet export and local demand<\/strong> and is part of broader government efforts to localize the auto industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A long time coming: <\/strong>The two have been working together for some time now, with Al Mansour <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2018\/08\/16\/al-mansour-becomes-exclusive-distributor-for-mg-in-egypt-to-invest-egp-400-mn-by-2022\/\" style=\"\" rel=\"noopener\">securing the rights<\/a> to be MG\u2019s exclusive distributor in Egypt back in 2018. Just a year after this, we <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9532db0-b4fb-4571-9feb-cf484ec433dc\/egypt-made-mg-cars-soon-as-mansour-signs-manufacturing-jv-agreement\" style=\"\" rel=\"noopener\">first heard<\/a> about Al Mansour Automotive\u2019s plans to produce MG-badged vehicles in partnership with MG Motor parent company SAIC.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** READ MORE:<\/strong> We dive deeper into the efforts to localize Egypt\u2019s auto industry in an Inside Industry published earlier this year. Check out the story <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c1ed2652-13a2-4dbb-ad35-647e35adcae1\/\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The factory is set to kick off production in 2Q 2026 will have a local component ratio exceeding 45%<\/p>\n","protected":false},"author":1,"featured_media":657998,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7339],"tags":[144,72,3040,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-657997","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-enterpriseam","tag-mansour-group","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"15821167-7de2-4999-9840-d9210cba2943","order":"11","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/2497.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Al Mansour Auto, SAIC\u2019s USD 135 mn MG manufacturing plant to go live in 2026","related_issue":[657979],"teaser":"The factory is set to kick off production in 2Q 2026 will have a local component ratio exceeding 45%","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.8d8c08e5-9b9c-4914-8ded-3f85145677c7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The JV should get to work during \u201cthe next 12\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/212.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":674807,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/04\/al-mansour-automotive-breaks-ground-on-usd-150-mn-mg-manufacturing-plant\/","url_meta":{"origin":657997,"position":1},"title":"Al Mansour Automotive breaks ground on USD 150 mn MG manufacturing plant","author":"enterpriseam admin","date":"4 November 2025","format":false,"excerpt":"The Industry Ministry aims for this new factory to serve as a basis for a future automotive city","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/213.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":655995,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/27\/al-mansour-automotive-and-chinas-saic-to-build-mg-assembly-plant\/","url_meta":{"origin":657997,"position":2},"title":"Al Mansour Automotive and China\u2019s SAIC to build MG assembly plant","author":"enterpriseam admin","date":"27 November 2024","format":false,"excerpt":"The factory is expected to begin production within the next two years","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2516.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657388,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/19\/govt-allocates-plot-for-al-mansour-automotive-and-saics-mg-assembly-plant\/","url_meta":{"origin":657997,"position":3},"title":"Gov\u2019t allocates plot for Al Mansour Automotive and SAIC\u2019s MG assembly plant","author":"enterpriseam admin","date":"19 December 2024","format":false,"excerpt":"The factory will roll out a total of 15k cars a year","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1831.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625841,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/al-mansour-becomes-exclusive-distributor-for-mg-in-egypt-to-invest-egp-400-mn-by-2022\/","url_meta":{"origin":657997,"position":4},"title":"Al Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"INVESTMENT WATCH- Mansour becomes exclusive distributor for MG in Egypt, to invest EGP 400 mn by 2022: Mansour Group\u2019s Al Mansour Automotive signed an agreement with SAIC Motors that will see it become the exclusive local agent for the company\u2019s UK subsidiary MG Motors, according to Al Shorouk. 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