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Key Points
- Mansour Group is investing $150 million to build a car assembly plant and a filter factory in Egypt, aiming to strengthen local production and increase export potential.
- The New October City plant targets 50,000 vehicles annually by 2026, scaling to 100,000 units in phase two, with over 45% local content to meet industrial goals.
- The 10th of Ramadan City factory will produce 10 million automotive filters yearly, supporting Egypt’s feeder industries and creating 10,000 direct and indirect jobs.
Al Mansour Automotive Co., the automotive arm of the Mansour Group, a conglomerate controlled by the Egyptian billionaire Mansour family, is mauling plans to fund a landmark $150 million investment to bolster Egypt’s car manufacturing and spare parts industry.
The investment will fund the construction of two new factories, an automotive assembly plant in New October City and a vehicle filters factory in 10th of Ramadan City, underscoring the group’s long-term commitment to localizing production and expanding Egypt’s industrial footprint.
Mansour Automotive outlines $150 million expansion blueprint
The announcement comes hot on the heels of a high-level meeting convened at the New Administrative Capital's government headquarters. The talks, attended by Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Transport and Industry, highlighted Egypt’s national drive to strengthen local vehicle manufacturing and position the country as a regional export hub.
Mohamed Mansour, Chairman of Al Mansour Group, confirmed that the New October City factory will kick off operations in Q3 2026, targeting an annual output of 50,000 vehicles, with plans to scale up to 100,000 units in the second phase. The factory will prioritize a local content rate exceeding 45 percent, directly supporting the government’s industrial policy.
In parallel, the 10th of Ramadan City plant will specialize in producing more than 10 million vehicle filters annually, aiming to serve both domestic and international markets. The project will see over $10 million allocated to state-of-the-art machinery and equipment, marking a key step in localizing automotive component production. The two projects are expected to generate around 10,000 direct and indirect jobs and provide skills training to help develop Egypt’s automotive labor market.
Mansour Group: Driving Egypt’s industrial future
Founded in 1952 by Loutfy Mansour, Mansour Group has evolved into one of Egypt’s largest privately held conglomerates, with operations spanning over 100 countries. The group’s automotive arm, Al Mansour Automotive, is one of General Motors’ top global dealers and has built a strong local portfolio featuring Chevrolet, Opel, Peugeot, MG, and Isuzu vehicles.
Now steered by billionaire siblings Mohamed, Yasseen, and Youssef Mansour, the group’s diversified businesses include partnerships with global brands such as GM, Peugeot, Caterpillar, and McDonald’s. With annual revenues exceeding $7.5 billion and a workforce of more than 60,000, the Mansour family’s business empire remains a cornerstone of Egypt’s industrial and commercial landscape.
