It’s reported from Shenyang Brilliance Automobile that they will sign strategic cooperation agreement with China-Africa Development Fund and Egypt Bavaria Group to produce and sell Jinbei Haise light buses etc in Egypt.
Jinbei Haise light bus
According to the agreement, the three parts will invest 75,000,000 USD, and Brilliance Sedan and minibus production lines with Brilliance Auto as a shareholding party will be established in Egyptian Suez trade and economic cooperation region. And new plants will be established from January 2010 to June 2011. The new plant will produce Brilliance Junjie FRV, Brilliance Junjie FSV, Galena, Brilliance Junjie and Jinbei Haise light bus with predicted annual production volume up to 30,000 units.
Till now, Brilliance Auto sold more than 10,000 units in Egypt with sustainable growth.