China National Tire & Rubber to build car tyre plant in Egypt
The company behind the Pirelli, Prometeon and Aeolus tyre brands is looking to establish a passenger car tyre plant in Egypt. The country’s State Information Service reports that Prime Minister Dr Mostafa Madbouly met with Wang Jianjun, Chairman of China National Tire & Rubber Co., Ltd, on Monday to discuss this matter. The Chinese tyre maker indicates that such a project may take place during the second phase of its future investment in Egypt.
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