SAIC, the owner of MG, has pledged $135 million for the new factory, which will initially produce 50,000 vehicles annually
MG to Begin Building Cars in Egypt as Part of Global Expansion Efforts
SAIC, the owner of MG, plans to start manufacturing MG vehicles in Egypt by the second quarter of 2026. This marks a significant step in the brand’s global growth strategy, positioning MG closer to European and African markets while reducing its dependence on Chinese manufacturing, where all its current vehicles are produced.
Earlier this week, SAIC signed a $135 million investment agreement with Egypt’s Al Mansour Automotive Group. The new manufacturing facility will be located in the industrial zone of New October City, one of Egypt’s “fourth-generation cities.”
Facility Details and Production Plans
The plant will cover 126,000 square meters and will initially have the capacity to produce 50,000 vehicles annually, with plans to expand to 100,000 units in the future. The site will feature an 8,000-square-meter body shop, a modern paint shop, an assembly area, a closed warehouse, and administrative offices. The facility is expected to generate up to 10,000 direct and indirect jobs.
The facelifted MG5, featuring updated front and rear designs, a slightly larger body, and a redesigned interior with dual 12.3-inch screens, will be the first model produced at the plant. The site will later manufacture various SUVs and new-energy vehicles.
MG’s Broader Strategy
MG’s move into Egypt aligns with its ambition to expand into new markets. In addition, the company has been exploring the possibility of establishing a dedicated electric vehicle (EV) plant in Europe. Spain, Hungary, and the Czech Republic have been shortlisted as potential locations, with Spain reportedly being the preferred choice. Building EVs in Europe would help MG sidestep tariffs on Chinese-made EV imports and strengthen its foothold in the region.
This Egyptian facility represents a critical step in MG’s ongoing global expansion, enabling it to cater to key markets while diversifying its manufacturing base.
