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Another Chinese firm joins Egypt’s $4.5 billion tyre manufacturing boom with $300 million plant

By

Ayodeji Adegboyega

10h ago

Source

Business InsiderAnother Chinese firm joins Egypt’s $4.5 billion tyre manufacturing boom with $300 million plantbusinessinsider.com
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China’s Zenith Steel Group will invest $300 million in a tyre components manufacturing plant in Egypt, becoming the latest Chinese company to back Cairo’s growing ambition of turning the country into one of the region’s leading automotive and tyre manufacturing hubs.

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