GM closes Egypt plant due to violence
Fri, 16 Aug 2013 11:51:27 GMT —
General Motors has closed its operations in Egypt indefinitely because of civil unrest in the Middle Eastern country.
The company said Thursday it closed its plant in the Cairo suburb of 6th October City, where it makes cars, light trucks and minibuses. It also closed its offices in Cairo.
GM has around 1,400 workers in Egypt. In 1983, it became the first private automaker to establish operations in the country.
GM said in a statement that its chief concern is for the safety and security of its employees.
At least 638 people have been killed and nearly 4,000 wounded in violence after riot police razed two Cairo encampments of supporters of ousted President Mohammed Morsi. Islamists torched government buildings, churches and police stations in retaliation for the crackdown.