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Germany’s Mercedes-Benz AG has signed a contract on Sunday to establish its logistics distribution and redistribution centre in the Egypt’s canal city of Ain al-Sokhna.
The deal was signed between Yehia Zaki, Chairman of Suez Canal Economic Zone (SCZone), and Raul Rohan, CS Director of Mercedes-Benz Cars, in the presence of key officials in the canal authority and the Germany automaker company.
“This is an important step for us to have a logistics park by Mercedes which facilitates and supports the auto industry in the Economic Zone,” Zaki said in a statement released by SCZone.
Mercedes’ project in Ain al-Sokhna will feature a storage yard for cars, a centre for auto spare parts, and a maintenance workshop, he added.