Sailun Group to invest USD 1 bn in Sokhna tire plant

Chinese tiremaker Sailun Group will invest USD 1 bn to build an automotive tire plant in the China-Egypt Teda industrial zone within the Sokhna Industrial Zone, according to a statement. The 350k sqm facility will be developed in three phases over three years.

The first phase will begin production in 2026, with a capacity of 3 mn passenger car tires and 600k truck and bus tires annually. Once fully operational, the factory’s total output will exceed 10 mn tires a year, serving both local and export markets.

Sailun is no small fish in the world of tires, ranking as the largest listed tire company in China by revenue. Globally, Sailun ranks as the tenth largest tire company by brand value, according to Brand Finance’s 2025 rankings.

Sailun’s USD 1 bn factory isn’t the only local tire project in the works for Egypt — and it’s not even the most expensive. Organi Group acquired 50% of Rolling Plus Chemical Industries in March to revive its EUR 1 bn tire factory project in the SCZone in partnership with Concrete Plus. Another unnamed Chinese company is also reportedly looking to set up a USD 360 mn tire factory in the SCZone in partnership with the state-owned Arab Organization for Industrialization.

…and there’s more: The government’s attempt to revive and develop state-owned tire manufacturer Trenco also seems to be bearing fruit, with the government signing an agreement with unnamed European companies to develop Trenco’s Alexandria-based factory and another with a Chinese company to establish a new Trenco tire factory in Alexandria’s Amreya.