Select International to produce, assemble gas-powered mass transit vehicles in Egypt

SourceDaily News Egypt
SectorOil & Gas
CountryEgypt

Select International Group is eyeing the production and assembly of natural gas mass transit vehicles with a Chinese brand in Egypt. Shady Samir, Chairperson of the group’s Board, said that it is expected to start production in January 2022 in partnership with government agencies. This will take place provided that the government’s contribution reaches 60%, against 40% for the private sector. Samir said that it has been agreed for 3,000 vehicles to be manufactured in the first phase, as production lines will begin rolling in June. He added that Select started its activities in 2006, and later turned into a holding company, under which six other entities operate in different sectors. These entities include information technology (IT), particularly artificial intelligence (AI) solutions, data analysis, cars, mining, building water plants and wastewater treatment. The group is headquartered in Dubai, with an office in the UK, and manages projects in 26 countries around the world, including Saudi Arabia, the UAE, and Qatar. Samir noted that the...read more...