Labor Minister Inspects Prometeon Tire Factory in Alexandria, Affirms Support for Localizing Tire Industry
Egypt's tire industry took center stage during an official visit to Alexandria. Prometeon Tire Egypt, a specialist in manufacturing tires for commercial, agricultural vehicles and heavy equipment, received Labor Minister Hassan Radad in a factory tour accompanied by Alexandria Governor Engineer Ayman Attia and a delegation of ministry leaders. The visit aligns with the state's broader push to support major industrial investments and localize strategic industries.
A Detailed Tour of Production Facilities
The minister inspected various manufacturing departments, testing laboratories, and production lines, along with a visit to the Research and Development center to view the latest tire manufacturing technologies. The delegation also reviewed the company's plans to transfer global technology to the Egyptian market, focusing on production expansion and export market growth.
The company aims to create new job opportunities for Egyptian talent. Prometeon relies on modern technologies to build tires for commercial vehicles, a segment witnessing steady demand growth both domestically and regionally.
Government Support for Industrial Investment
The minister reiterated that the Egyptian state, under President Abdel Fattah El-Sisi's directives, continues to offer various forms of support to investors by providing a stable and safe work environment that boosts industrial output and attracts more investment. He highlighted that the Ministry of Labor established a central unit to facilitate investor affairs, ensuring direct communication and quick resolution of any labor-related challenges, thereby stabilizing production and improving the investment climate.
Praise for Occupational Safety Standards
Adherence to occupational safety and health standards, alongside providing social protection for workers, directly impacts productivity and corporate competitiveness, the minister explained. He praised Prometeon's implementation of the Smart Working system, describing it as an administrative model that keeps pace with global advancements in factory management.
The factory represents a valuable addition to Egypt's automotive feeder industry, especially amid the state's ongoing efforts to raise the local component ratio in vehicle manufacturing.
Related News
View All News
Global Auto Opens New BMW and MINI Showroom in New Cairo
Global Auto Group has opened a new showroom for BMW and MINI in the Fifth Settlement of New Cairo. The 1,000-square-meter facility holds eight cars and brings the two brands…
10,000 Orders in 4 Minutes: How Sky Nomad Became Xiaomi's Last Hope for 550,000 Units
Xiaomi recorded over 10,000 confirmed orders for its Sky Nomad series within four minutes of launch. The new models, marking the company's first entry into the extended-range EV segment, pushed…
African Automakers Association President Urges Faster Implementation of Free Trade Agreement with 40% Rules of Origin
Tarek Moussa, President of the African Association of Automotive Manufacturers (AAAM), has urged governments and the private sector to accelerate the implementation of the African Continental Free Trade Area agreement…
Egypt Localizes Auto Parts: Al-Araby and Malben JV Targets 60% Local Content
Al-Araby Group signed a joint venture with South Africa's Malben Engineering to manufacture automotive components in Egypt. The deal aims to raise local content in passenger cars from 45% to…
Social Media 'Court' Haunts Car Companies and Dealerships in Egypt
Social media platforms have become an arena for holding car companies and dealerships in Egypt accountable, with some customers posting accusations of wasted rights or fraud. Journalist Hisham El-Ziny said…