CAIRO — Egypt has secured a US$300 million Chinese investment in automotive tyre reinforcement materials as Cairo accelerates efforts to build a vertically integrated manufacturing base capable of serving regional and global export markets through the Suez Canal Economic Zone (SCZONE). Prime Minister Mostafa Madbouly witnessed the signing of an agreement with China’s Zenith Group Co., Ltd., part of Zhongtian [...] The post Egypt Secures $300m Chinese Investment to Deepen Automotive Supply Chain appeared first on The Middle East Observer .
