CAIRO - Turkish bus maker Temsa, a Sabanci Holding company, opened its first overseas factory in Egypt.
The plant, set up as a joint venture with Egypt's Lasheen Group, has a capacity to manufacture 500 buses and 500 midibuses a year and it cost about 20 million Euro.
Temsa plans to sell its buses mainly in Egypt, United Arab Emirates, Syria, Jordan, Lebanon, Sudan, Libya, Tunisia, Algeria and Saudi Arabia.
(TÇ-AY)