Egypt signs $2 billion MOU with China’s Linglong for tyre complex
Egypt signed a memorandum of understanding with China’s Linglong Group to develop an integrated tyre manufacturing complex, with expected investment of about $2 billion, the Cabinet said.
Egypt signed a memorandum of understanding with China's Linglong Group to develop an integrated tyre manufacturing complex with an expected investment of about $2 billion, the Cabinet said on Thursday in a statement.The facility would produce tyres for passenger cars, buses and machinery, along wit…