Brilliance China Auto, German luxury
car maker BMW's Chinese mainland partner, hopes
to work with an Egyptian company to build a plant in the African
country to assemble its self-developed Zhonghua sedans.
"We are in final talks and expect to clinch a deal next month
or in April," said an official from Brilliance Jinbei Automobile
Co Ltd, the manufacturing unit of Hong Kong-listed Brilliance
China Auto.
The unnamed Egyptian firm will invest to build the
plant with technical assistance from Brilliance Jinbei, based
in Shenyang, the capital city of Northeast China's Liaoning Province,
the official said.
Brilliance Jinbei will ship components from the mainland
to the plant to build Zhonghua sedans.
If the deal comes true, Brilliance will become the
latest Chinese automaker to assemble own brand vehicles abroad.
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