Proton, Ezz Elarab launch CKD Saga in Egypt
Proton’s International Sales Division has announced the launch of the locally assembled (CKD) Proton Saga in Egypt, coinciding with the 20th anniversary of their partnership.
This achievement comes just three months after the inauguration of the CKD factory at Ezz Elarab Elsewedy Automotive Factories (ESAF) by Malaysia’s Prime Minister, YAB Dato’ Seri Anwar Ibrahim, in November of last year.
According to Dr. Li Chunrong, the Chief Executive Officer of Proton, “Egypt’s strategic location and large population provide exceptional growth opportunities for Proton.”
“In 2024, Proton’s export sales increased by 31.1 percent, and Egypt played a crucial role in this achievement.”
He further explained that in addition to the Proton Saga, the company will explore opportunities to launch a range of products, including SUVs and NEVs, depending on market conditions.
The ESAF CKD factory was built with an investment of US$50 million and has an annual production capacity of 40,000 units (two shifts).
According to Eng. Amr Abu Al-Saud, Chief Executive Officer of Ezz Elarab Elsewedy Investment (ESI), mass production is set to begin in the first quarter (Q1) of 2025.
The 20-year partnership between Proton and Ezz Elarab Automotive has successfully sold over 18,000 vehicles in the Egyptian market.
