GB Auto is to build a US$13m automotive warehousing and logistics facility near Cairo, Egypt, which it hopes will generate US$8m a year in savings and fees.

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Egypt’s biggest listed vehicle assembler will build the facility in Sadat City, 90km northwest of Cairo. It expects the facility to come on line in 12-18 months.

Chief executive Raouf Ghabbour said the bonded facility will allow GB Auto to receive imports of containers as well as completely built-up vehicles as soon as they arrive in Egypt’s ports.

The company manufactures, assembles, imports and distributes vehicles for Bajaj, Hyundai, Mazda , Mitsubishi and Volvo.

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