Raya For Advanced Manufacturing Company (RAYA AUTO)

Established in 2018, Raya for Advanced Manufacturing Company (Raya Auto) is a subsidiary of Raya Holding with a total investment of EGP 250 million. Raya Auto acquired a factory with a total built-up area of 8,500 m2, to assemble and manufacture four, three & two-wheels vehicles.

Raya for Advanced Manufacturing Company (Raya Auto) established its operations in the mobility solutions industry by assembling and operating international modern vehicles brands and introducing them to Egypt’s market. The company engaged with PIAGGIO Group, Europe’s largest scooter, motorcycle & commercial light vehicles manufacturer and one of the world leaders in its sector.

Raya for Advanced Manufacturing Company (Raya Auto) also launched its eco-friendly electric portfolio with a range of top-quality Golf Carts, E-scooters and E-bikes vehicles.

Raya for Advanced Manufacturing Company (Raya Auto) extended its operations to import and distribute two,  three and four-wheels tires by partnering with MRF, India’s largest manufacturer of tires and the fourteenth largest manufacturer in the world.

Highlights

RAYA HOLDING

Headquartered in Cairo, Egypt, yet unrepressed to cover operations in all continents, Raya Holding is an auspicious investment conglomerate managing a diversified investment portfolio of over 2.3 B EGP. As the parent company of thirteen up-and coming lines of business, Raya Holding operates in the fields of information technology, data center outsourcing, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET recycling, automotive, white goods, E-payments and Non-banking financial services. Raya Holding shares have been listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, and Nigeria.

Business Lines

Our Values

Excellence

Seeking excellence is necessary in order for Raya to maintain its current position at the front of its sophisticated industry. The company encourages excellence by rewarding skill and performance.

Customer Focus

We do our best to insure that customers experience exceptional service during each and every interface they have with the company. Everything from the sales pitch to the after-sales support us tailor-made t suit customer needs.

Respect for People

Respect for people whether they are employee, customers or shareholders is a vital principle that we adhere to strongly in each and every realm of our existence.

Team Work

At Raya, we are always eager to promote teamwork. The company is continually seeking to bring together personnel with diversity of backgrounds, skill levels and varied areas of expertise

400 million pounds to expand its investments, “Raya Auto” launches the second production line to assemble motorcycles

Raya For Advanced Manufacturing Company (Raya Auto), a Company of Raya Holding Group for Financial Investments announced the launch of the second production line to assemble its two-wheeled vehicles (motorcycles and scooters) at its factory in 6th of October City, after obtaining all the approvals and permits from the responsible government agencies.
The estimated maximum production capacity of the first and second production lines of three and two-wheeled vehicles reaches 50 thousand vehicles annually, and the company had allocated initial investments to its factory of 100 million pounds after its agreement with Italian PIAGGIO (PIAGGIO), the global leader in the manufacture of light vehicles, to become the exclusive agent for it in the Egyptian market.
Medhat Khalil, Chairman of Raya Holding Company, said: Raya always believes in the investment opportunities that exist in the Egyptian market, which is what motivated it to diversify its investment portfolio and start assembling vehicles needed by the Egyptian consumer .
And he continued: The company is also working to reduce the burden on the citizens to provide a local product with components and international expertise, with the aim of settling the light vehicle industry in Egypt.
Engineer Tamer Abdel Aziz, CEO of the company, said: “A specialized team from the Italian company PIAGGIO has designed the two production lines for the Italian company’s factory … to ensure that all quality and safety standards are met during the various assembly operations.
He continued: The company seeks to expand its investments in the coming years to 400 million, in addition to creating direct and indirect job opportunities that the company’s factory will provide with the aim of contributing to the elimination of unemployment and creating a competitive national industry.
At the present time, more than 100 employees and workers work in the factory, and it is expected that the number of employees and technicians will reach more than 300 employees before the end of next year, indicating that Raya plans by 2020 to have an Italian product with local components, which will contribute to the creation of hundreds of new job opportunities for young people in the feeding industries.

100 million pounds to manufacture “tuk-tuks” locally

An investment group revealed initial investments worth 100 million pounds to manufacture tuk-tuks and light vehicles locally with Italian expertise, in cooperation with one of the leading international companies in this field, and the estimated maximum production capacity of the first and second production lines for three- and two-wheeled vehicles reaches 50 thousand vehicles annually.

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