OMODA and JAECOO partnership reflects accelerating Chinese investment in Egypt’s automotive industry as the country seeks to expand local production and vehicle exports. Egypt’s drive to establish itself as a regional automotive manufacturing hub gained further momentum after Ezz Elarab Elsewedy Investments (ESI) signed a strategic partnership with OMODA and JAECOO, two international brands of China’s Chery Group, to locally manufacture [...] The post Ezz Elarab Elsewedy, Chery Deepen Egypt Manufacturing Push with EGP5bn Investment appeared first on The Middle East Observer .
