Mercedes-Benz A-class cars are displayed in a dealership of German car manufacturer Daimler in Paris, July 30, 2013. REUTERS/Christian Hartmann
Mercedes-Benz A-class cars are displayed in a dealership of German car manufacturer Daimler in Paris, July 30, 2013. REUTERS/Christian Hartmann

Mercedes-Benz seeks resuming production in Egypt

By: MENA
Sat, Jan. 12, 2019
BERLIN - 12 January 2019: Mercedes-Benz looks forward to resuming production in Egypt soon, said a senior official of the German company on Friday.

The global vehicle manufacturer also considers additional models in Egypt, Markus Schafer, Member of the Divisional Board of Mercedes-Benz Cars, told Egyptian Prime Minister Mostafa Madbouli, who is visiting Berlin.

Madbouli said that Cairo seeks cooperation with Mercedez-Banz to manufacture self-driving and electric cars. He suggested the company to dispatch a delegation to Egypt to mull investment opportunities.

He cited new investment incentives and Egypt's free trade agreements with several countries.
 
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