Cairo – Mubasher: Daimler AG’s Mercedes-Benz is planning to build an assembly plant in Egypt.
The German global automobile brand said that it will collaborate with an Egyptian partner to complete the project, according to a company statement.
Both the company and the Egyptian government were in talks in respect of the project.
“[Egypt is an] attractive and competitive location for production and supporting logistics,” the board member Markus Schaefer commented.
