Turkish motor and tractor production giant Tumosan Co. is exploring plans to establish an agricultural tractor factory in Egypt, aiming to serve the local market and neighboring regions. This initiative emerged during discussions with the Minister of Trade and Industry as Tumosan Co.'s delegation explored investment opportunities in Egypt.
Tumosan's focus areas include manufacturing agricultural tractors, textiles, sugar production, waste management, electric generators, ship engines, and forklifts, aligning with Egypt's goal to enhance trade relations and increase bilateral trade volume to $15 billion within the next five years.