Cairo Capital wants to distribute China’s GAC Motor with an eye towards manufacturing parts
Cairo Capital for Tourism Transport is in talks with China’s GAC Motor to become the licensed distributor of its buses in Egypt, Chairman Mohamed Hassan tells Al Mal. The company plans to sell an initial 1,000 buses and establishing an after-sale and maintenance center in Nasr City during the first year of the proposed partnership. This will be followed by establishing assembly lines in Egypt for the bus line’s parts and components once the long-awaited Automotive Directive is launched, he adds. A Chinese delegation is set to visit Egypt next month to close the agreement.