Back to the complete issue
Thursday, 14 June 2018

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.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2018 Enterprise Ventures LLC.