Nissan to Invest $45 Million in Egypt Expansion for African Exports
Nissan Motor plans to invest $45 million in Egypt to expand its vehicle production, aiming to increase local output by one-third and boost exports to Africa. The expansion includes a new production line capable of producing 10,000 additional vehicles annually, with over half of the parts sourced locally. The move aligns with Nissan's global restructuring and focus on lower-cost manufacturing.
Topics: Africa Automotive Manufacturing Egypt Export Strategy Investment Nissan