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Sailun Group announced a $1.14 billion investment to establish a new tire factory in the Suez Canal Economic Zone, Egypt, with annual capacity of 27 million semi-steel radial tires, 1.65 million all-steel radial tires, and 20,000 tons of OTR tires. Construction is expected to take about two years.
“Egypt serves as a vital global trade center, acting as a key logistics and commercial hub for North Africa and the Middle East.”digitalphablet.com
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