Proton has opened its CKD plant in Egypt, its third currently in operation after Kenya and Pakistan. The plant in Al Oula Industrial Park, Giza was inaugurated by Malaysian prime minister Anwar Ibrahim, minister of investment, trade and industry Tengku Zafrul Tengku Abdul Aziz and Egyptian deputy prime minister Kamel Al-Wazir, among others.
The facility is owned by Ezz Elarab Elsewedy Automotive Factories (ESAF), a joint venture between Ezz Elarab and Elsewedy Capital Holding. Valued at US$35 million (RM155.9 billion), it has a production capacity of 20,000 units per shift and, at full capacity, is expected to provide jobs for up to 400 people.
The first CKD Saga packs were shipped to Egypt on September 9; the first completed units are expected to roll off the production line in December with a projected 2024 volume of 1,400 units. This is set to increase to 5,000 units next year, and Proton expects to ship a total of 16,000 CKD packs to the North African country across three years by the end of 2026.
In addition to local consumption, the CKD Sagas will be exported to countries in North and Sub-Saharan Africa, as the national carmaker looks to penetrate those markets as well as the Middle East. Proton expects to rake in RM570 million through these exports, along with a further RM20 million in revenue through parts exports.
“Proton is not just an automotive company; it is a source of pride and part of Malaysia’s identity,” said Anwar, adding that such joint ventures are crucial for advancing local industries; he also urged Proton to fully utilise local facilities as soon as possible.
Company chairman Syed Faisal Albar added: “Proton has been Malaysia’s leading vehicle exporter for decades with our current export volume accounting for approximately three per cent of our total sales volume. While these efforts have borne fruit, our own history shows there is a lot of untapped potential for the company in markets outside of Malaysia.
“Egypt is central to our plans for the region and going forwards, we will be keen to engage in more collaborations with partners such as ESAF to unlock the sales potential for our cars in countries where car ownership numbers are still increasing.”
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Is the Pakistan operations still going? Local reports from Pakistan that the local company representing Proton is facing serious troubles
yes heard so, this is alarming read https://carspiritpk.com/proton-what-a-miss/
Whatever Anwar touches is doomed to fail. The sands of Egypt will swallow his legacy just like it ate every other pharaohs.
Guess it finally goes full circle just when we despise others dumping low tech cars here finally we can do the same to others when the Saga Gen2 was developed since 2008 (with countless facelift) equip with dated VVT & newly sourced 4AT Trany finally which sold few here finally we can be proud to achieve dumping to other lesser country.
Proton Pakistan plant is no longer operational… they haven’t delivered a single unit in the last 3 years
Pakistan,South Africa…failures.
Now the land of Pharoahs and pyramids..I wont be surprised the Saga will be sold at Rm30,000..to gain market entry.
“Pakistan,South Africa…failures.
Now the land of Pharoahs and pyramids..I wont be surprised the Saga will be sold at Rm30,000..to gain market entry.”
So Pakistan has an issue because of currency devaluation and the local partner goes belly up. Is that Proton’s fault? They have a new partner and both parties are trying to get the business back up.
That is because Pakistan has been taken over by USA. The CIA couped out Imran Khan by paying off the military and generals around Imran Khan to replace him with a USA puppet. Now the USA will sabotage all Palestine friendly companies
US$35 million = RM155.9 billion)??
This conversion can’t be right.
Compare to camel, I guess you can say is better.
Seriously saga is a matured product. Proton should continue to develop this product. Consider engine upgrade using geely sources matured part. Interior from updated persona or even geely sourced. Proton should focus on chassis development for small car. Always keep in mind new product always have risk and a development period to mature. Hence continuing to develop using available chassis makes more sense and integrate matured engine and transmission to reduce development cost. Good luck proton
The basis of the car is affordability. Just add reliability and safety to it.
There is likely 0.1% chance it will happen as Geely will not want to be associated even with its older engine to be used on an even older product while Geely has always said it that our old chassis is not built to economy to scale which is why so little profit can be made.
Radiator ada bagi yang double layer anti karat and fan motor besar sikit? kat malaysia pun selalu temperature overheat, nanti meletup kang kat ejib 38celsius..
Toyota is … XD
20k unit per shift is just out of this world….
If they run 12hr shift like us then its 1666 units per hour.
Or is it 20k units per year?
Ini kereta jual Porkistan Bunglastan Fokganistan top seller.
Should have done this 20 years ago but NO, proton officials focused on niche UK and Australian markets instead.
But until today Proton doesn’t have thrir own engine.