Egyptian Prime Minister Dr. Mostafa Madbouli is set to meet with leaders of the Mansour Group, including Sir Mohamed Mansour and Ankoosh Arora, to discuss plans for expanding the group's presence in the Egyptian market. The meeting is expected to focus on the group's plans to manufacture BYD cars locally, as well as its investment and expansion plans in the automotive sector. The meeting is part of the government's efforts to enhance cooperation with private sector companies and attract new investments to the automotive sector.
The Mansour Group's delegation includes senior executives, such as Sir Oliver Doudin and Dominic Toner. The group has been in talks with the government to discuss its plans for manufacturing BYD cars in Egypt. In December 2024, Madbouli met with Mansour Group officials to discuss a project to establish a factory to manufacture MG cars in partnership with Chinese company SAIC Motor. The project is expected to have investments of $135 million and a local component of over 45%.
In April 2025, Madbouli met with Mansour Group officials again to discuss the project's progress, as well as plans to establish a factory to produce car filters. The total investments for the two projects are estimated to be around $150 million. The car factory is expected to have a production capacity of 50,000 units per year in the first phase. The Mansour Group has also partnered with BYD to distribute its cars in Egypt through its company, Mandream.
BYD officially entered the Egyptian market in February 2026, launching several electric and hybrid models. The move is part of BYD's efforts to enhance its presence in Egypt and expand its sales and after-sales services network. The Mansour Group's plans to manufacture BYD cars locally are seen as a significant step towards increasing the local component of the automotive industry and boosting exports to regional markets.
The meeting between Madbouli and the Mansour Group leaders is expected to discuss the group's plans to enhance its investments in the local market and expand its industrial activities. The government has been working to encourage private sector companies to invest in the automotive sector and increase the local component of car manufacturing. Egypt has been working to develop its automotive industry, with a focus on increasing production and exports.
The Mansour Group has been a major player in the Egyptian automotive market for several years, with a portfolio of brands that includes MG and BYD. The group's plans to manufacture BYD cars locally are seen as a significant step towards enhancing its presence in the market and increasing its production capacity. The Egyptian government has been supportive of the group's plans, with Madbouli meeting with Mansour Group officials on several occasions to discuss their investment plans.
The outcome of the meeting between Madbouli and the Mansour Group leaders is expected to have a significant impact on the Egyptian automotive industry. The industry has been growing in recent years, with a focus on increasing production and exports. The government's efforts to encourage private sector investment in the sector are seen as a key driver of growth.
Key points
- The Egyptian government is working to encourage private sector companies to invest in the automotive sector and increase the local component of car manufacturing.
- The Mansour Group plans to manufacture BYD cars locally, with a focus on increasing production and exports.
- The meeting between Madbouli and the Mansour Group leaders is expected to discuss the group's plans to enhance its investments in the local market and expand its industrial activities.
