On September 10 (Egypt Local Time), the groundbreaking ceremony for Sailun’s new plant in Egypt was held in the Suez Canal Economic Zone, marking a significant step forward in Sailun Group’s global footprint.

The ceremony was attended by key representatives from both China and Egypt, including Waleid Gamal El-Dien, Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE); Tareq Hamed Mohamed El-Shazly, Governor of Suez; Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization (AOI); Cao Hui, Executive Director of Egypt TEDA Special Zone Development Company; and Xie Xiaohong, President of Sailun Group.

During the event, Xie Xiaohong delivered a speech announcing the official launch of this major investment project. He emphasized that the Egypt plant will significantly enhance Sailun’s global supply chain efficiency and market responsiveness, better meeting the demands of customers in Africa, the Middle East, and Europe. Additionally, the project will not only expand local tire production capacity in Egypt but also promote synergistic development across the industrial chain, create numerous job opportunities, cultivate technical talent, and drive the integration of advanced manufacturing concepts with Egypt’s local industries.

Cao Hui noted that the project, with a total investment of USD 291 million, will establish a plant with an annual capacity of 3.6 million tires. Upon reaching full production, it is expected to generate approximately USD 190 million in annual sales revenue, create nearly 1,000 jobs, and stimulate over USD 500 million in supporting upstream and downstream industries.

With the successful completion of the groundbreaking ceremony, the Sailun Egypt project has now officially entered the construction phase. Moving forward, Sailun Group will continue to uphold the philosophy of win-win cooperation, collaborating with global partners to establish the Egypt plant as a new benchmark for Sino-Egyptian cooperation and mutual success, while contributing to the high-quality development of the global tire industry with Sailun's expertise.