rolling along

Egypt seeks bids from contractors to build $500 million tire factory

Egypt imports nearly 8 million tires a year at a cost of about $1.25 billion, and China’s Sailun is the only maker of passenger car tires in the country

Jakub Porzycki/NurPhoto via Getty Images

A mechanic checks the tire pressure on a passenger car in Cairo

Egypt plans to build a $500 million tire factory for passenger cars and light commercial vehicles. 

The project is being put up for bids and will be developed on a site in 10th of Ramadan City under a...