LHD Proton Saga to begin assembly in Egypt this December
Proton is expected to commence the assembly of vehicles (CKD) in Egypt this December with the opening of new factory in Cairo.
The inauguration of the CKD factory was officiated by the Prime Minister of Malaysia, YAB Dato’ Seri Anwar bin Ibrahim, during his official visit to the country.
Located in the Al Oula Industrial Park in Giza, the facility, owned by Ezz Elarab Elsewedy Automotive Factories (ESAF), has an investment of US$35 million and a production capacity of 20,000 units, providing 400 job opportunities.
The inauguration of the CKD factory follows the first shipment of CKD units to Egypt on September 9.
The first unit of the left-hand drive (LHD) Proton Saga is expected to roll off the production line this December, with a production target of 1,400 units for 2024.
This number is projected to increase to 5,000 units in 2025, with a forecasted production total of 16,000 units of LHD CKD Saga over a three-year period, concluding at the end of 2026, with an estimated value of RM570 million.
In addition to the domestic market in Egypt, Proton will also export the assembled vehicle models to countries in North Africa and the Middle East.
Proton also plans to establish Egypt as one of its key manufacturing hubs in the region.
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