Proton has opened its third CKD plant in Egypt, following the ones in Kenya and Pakistan. The plant, located in Al Oula Industrial Park, Giza, was inaugurated by Malaysian prime minister Anwar Ibrahim, along with other important officials.
Plant Details
The facility is owned by Ezz Elarab Elsewedy Automotive Factories (ESAF) and is valued at US$35 million. It has a production capacity of 20,000 units per shift and is expected to create jobs for up to 400 people.
Production and Export Plans
The first CKD Saga packs have already been shipped to Egypt, with the first completed units expected to be ready by December. Proton plans to produce 1,400 units by 2024, increasing to 5,000 units next year. By the end of 2026, the company aims to ship a total of 16,000 CKD packs to Egypt.
Export Markets
Apart from local consumption, the CKD Sagas will also be exported to countries in North and Sub-Saharan Africa. Proton hopes to generate RM570 million through these exports, along with an additional RM20 million from parts exports.
Malaysian prime minister Anwar Ibrahim emphasized the importance of joint ventures like this for advancing local industries. Proton’s chairman, Syed Faisal Albar, highlighted the company’s potential in international markets and expressed interest in further collaborations.
Proton’s new CKD plant in Egypt marks a significant step for the company’s expansion into African markets and showcases Malaysia’s automotive industry on a global scale.
