{"id":569340,"date":"2020-02-20T04:17:52","date_gmt":"2020-02-20T04:17:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/"},"modified":"2020-02-20T04:17:52","modified_gmt":"2020-02-20T04:17:52","slug":"egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/","title":{"rendered":"Egypt\u2019s sovereign fund in talks with \u2018major\u2019 private partner to manufacture EVs"},"content":{"rendered":"<p>The Sovereign Fund of Egypt (SFE) is in talks with an unnamed \u201cmajor\u201d private sector company to set up a JV to manufacture electric cars in eastern Port Said, <a href=\"https:\/\/alborsaanews.com\/2020\/02\/18\/1298037\">Suez Canal Economic Zone (SCZone) head Yehia Zaki said<\/a>, without providing further details. This came after the SFE held a meeting with representatives from the SFE and a group of private sector companies interested in manufacturing projects in the canal governorate. Among the projects SCZone authorities <a href=\"https:\/\/alborsaanews.com\/2020\/02\/18\/1298043\">are touting<\/a> is an industrial zone in the area dedicated to metal casting as the world\u2019s largest castings manufacturer, China\u2019s Wuhan, is falling behind on production amid the covid-19 outbreak.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Sovereign Fund of Egypt (SFE) is in talks with an unnamed \u201cmajor\u201d private sector company to set up a JV to manufacture electric cars in eastern Port Said, Suez Canal Economic Zone (SCZone) head Yehia Zaki said, without providing further details. This came after the SFE held a meeting with representatives from the SFE [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[72,131,370,416],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569340","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-enterpriseam","tag-manufacturing","tag-sovereign-fund-of-egypt","tag-suez-canal-economic-zone","wpautop","entry"],"acf":{"mongo_id":"2178d16b-a727-4bd3-b744-6c3c1c861990","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569310],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s sovereign fund in talks with \u2018major\u2019 private partner to manufacture EVs - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s sovereign fund in talks with \u2018major\u2019 private partner to manufacture EVs\" \/>\n<meta property=\"og:description\" content=\"The Sovereign Fund of Egypt (SFE) is in talks with an unnamed \u201cmajor\u201d private sector company to set up a JV to manufacture electric cars in eastern Port Said, Suez Canal Economic Zone (SCZone) head Yehia Zaki said, without providing further details. This came after the SFE held a meeting with representatives from the SFE [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-20T04:17:52+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s sovereign fund in talks with \u2018major\u2019 private partner to manufacture EVs\",\"datePublished\":\"2020-02-20T04:17:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/\"},\"wordCount\":120,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Manufacturing\",\"Sovereign Fund of Egypt\",\"Suez Canal Economic Zone\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/egypts-sovereign-fund-in-talks-with-major-private-partner-to-manufacture-evs\/\",\"name\":\"Egypt\u2019s sovereign fund in talks with \u2018major\u2019 private partner to manufacture EVs - 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He was previously managing director of Beirut-based engineering consultancy Dar Al Handasah and\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575758,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/26\/orascom-construction-hassan-allam-samcrete-to-invest-in-new-railways-company\/","url_meta":{"origin":569340,"position":4},"title":"Orascom Construction, Hassan Allam, Samcrete to invest in new railways company","author":"enterpriseam admin","date":"26 October 2020","format":false,"excerpt":"The private sector is getting involved in the government\u2019s move to locally produce railcars: Orascom Construction, Samcrete and Hassan Allam will hold stakes in the National Company for Railways Industries, a newly-established company that will produce, repair and renovate railway cars at the Suez Canal Economic Zone (SCZone), Al Mal\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544777,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/21\/edf-renewables-among-six-consortiums-eyeing-usd-1-bn-sczone-green-ammonia-plant\/","url_meta":{"origin":569340,"position":5},"title":"EDF Renewables among six consortiums eyeing USD 1 bn SCZone green ammonia plant","author":"enterpriseam admin","date":"21 March 2022","format":false,"excerpt":"Another green ammonia plant in the SCZone? 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