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Automotive Industry

MSMEDA invests EGP 470M to convert 59,000 cars to use natural gas

He added the packages cost EGP 1.8 billion for about 37,000 projects that provided about 100,000 job opportunities during 9 years

Egypt to manufacture cars locally in cooperation with Global Auto

The agreement obligated Global Auto to comply with the rules and conditions of the AIDP program

Egypt to establish $240M automobile complex in East Port Said Industrial Zone

EPAZ will attract investments worth almost $240 million and will provide more than 6,000 direct and indirect job opportunities

100,000 citizens registered in the second round of car imports initiative | FinMin

The government had recently declared the relaunch of the zero-customs car import initiative for the second time

Egypt extends the car import initiative for 3 months

The second iteration of the program is expected to generate $1.1 billion in hard currency receipts, this was announced in the session