Yesterday, ATM Misr celebrated the launch of its new factory in Ataka, New Suez City, which specializes in assembling transport buses under the auspices of PM Dr. Mostafa Madbouly, Egyptian Prime Minister.
This significant development came through due to close collaboration with China’s King Long company, a major player in the global bus-manufacturing scene boasting 35 years of experience. Not only does this ambitious project further strengthen ties between Egypt, Saudi Arabia, and China, and it also reflects ATM Misr’s strategy of supporting and localizing the bus industry in Egypt, in line with the Egyptian government’s efforts to transform Egypt into a distinguished industrial destination that is convenient and attractive to international investors.
The opening ceremony took place with the attendance of General Abdel Majid Saqr, Suez Governor, General Mokhtar Abdellatif, Chairman of the Board of Directors of the Arab Organization for Industrialization, Eng. AbdelMoneim Emara, Vice President of the New Urban Communities Authority, on behalf of the Minister of Housing, Utilities, and Urban Communities, and Mr. Zayed Al-Asmar, the Saudi commercial attaché on behalf of the Saudi ambassador. Moreover, leaders of the ATM Misr, including the Chairman of the Board of Directors, Dr. Hamed H Al Mutabagani, Managing Director, Mr. Amr Al Kouatli, along with Chairman of Xiamen King Long United Automotive Industry Co., Mr. Liu Zhijun, were all present among a group of businessmen and media representatives.
The ceremony witnessed the signing of three cooperation protocols, where the first one was signed between the ATM Misr and King Long to extend the technical partnership between the two parties, while the second one was signed between King Long and the National Trade Company NTC to sustain the company’s representation of King Long in the Kingdom of Saudi Arabia. Finally, the third protocol came between ATM Misr and NTC to supply 51 buses to NTC, which in turn will supply them to Al Madinah Al Munawarah Company for pilgrims and Umrah transport.
