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Germany's Mercedes-Benz plans assembly plant in Egypt
BY
MENA
-
Fri, 18 Jan 2019 - 06:06 GMT
BY
MENA
Fri, 18 Jan 2019 - 06:06 GMT
FILE - Mercedes-Benz
CAIRO, 18 Jan 2019: Mercedes-Benz Cars said Friday it is developing plans to open an assembly plant in Egypt.
In a statement, the German automaker added that the plant would be built in cooperation with a local partner.
Successful discussions are being held with the Egyptian government to support the project.
Board member Markus Schaefer described Egypt as "an attractive and competitive location for production and supporting logistics."
The company said it is also offering expertise on modern mobility concepts.
Egypt
Mercedes-Benz
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