Toyota to set up Fortuner model in Egypt at USD8.5mn investments


(MENAFN) Toyota Egypt in co-op with Arab Org for Industrialization launched a line for assembling car parts for the Toyota Fortuner 2017 at the Arab American Vehicles Co.

Meanwhile, the Egyptian government was working on supporting investments in the auto industry and production by making the suitable climate to attract global firms.

Furthermore, the contribution of local production in the Toyota Fortuner 2017 hits 46.1 percent, while there is hope that the percentage will increase.

Japan's ambassador emphasized the importance of investments in the new generation Toyota Fortuner in Egypt.

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