Nissan to invest $100 million in Egypt by 2010


TOKYO, June 28 (Reuters) - Nissan Motor Co , Japan's second-biggest auto maker, said on Monday that it would invest a total of $100 million by 2010 to expand its operations in Egypt, including some $60 million earmarked by 2005. Nissan plans to buy out and renovate an existing manufacturing facility near Cairo, while enhancing sales and distribution operations there, Nissan said in a statement. Under the latest expansion plan, Nissan plans to start local assembly of its first passenger ...

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