{"id":572232,"date":"2020-06-16T04:29:17","date_gmt":"2020-06-16T04:29:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/"},"modified":"2020-06-16T04:29:17","modified_gmt":"2020-06-16T04:29:17","slug":"egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/","title":{"rendered":"Egypt\u2019s MIH signs MoU to produce 30k cars for 3 years at El Nasr Automotive"},"content":{"rendered":"

MIH signs agreement with int\u2019l automaker to assemble 30k cars per annum at El Nasr <\/strong>Automotive:<\/strong> The state-owned Metallurgical Industries Holding Company (MIH) has signed a preliminary agreement with an undisclosed international company to locally assemble 30k cars annually at El Nasr Automotive, with manufacturing set to begin within three years, MIH board chairman Medhat Nafeh told Youm7<\/a>.<\/p>\n

Agreement on EV manufacturing coming:<\/strong> Nadeh said that there are plans to sign another agreement with an unnamed Chinese company to locally assemble electric vehicles. Our money is on this being Dongfeng, which has been in negotiations with El Nasr to produce EVs since last year. El Nasr began preparing a feasibility study<\/a> to manufacture 25k electric cars in partnership with the Wuhan-based company ahead of an agreement that was expected to be signed in 2Q2020. The covid-19 pandemic delayed talks, which restarted in March<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

MIH signs agreement with int\u2019l automaker to assemble 30k cars per annum at El Nasr Automotive: The state-owned Metallurgical Industries Holding Company (MIH) has signed a preliminary agreement with an undisclosed international company to locally assemble 30k cars annually at El Nasr Automotive, with manufacturing set to begin within three years, MIH board chairman Medhat […]<\/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":[8572],"tags":[419,250,72,5318,1357,79,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572232","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-dongfeng","tag-el-nasr-automotive","tag-enterpriseam","tag-holding-company-for-metallurgical-industries","tag-mih","tag-public-enterprises-ministry","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2bd39e81-85d8-4090-858e-55223b474856","is_powered_by":true,"section_story_id":"06281e82-be42-429f-9669-c84dd6a74985","story_type":"1","photo_url":"","photo_position":"above","related_issue":[572220],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s MIH signs MoU to produce 30k cars for 3 years at El Nasr Automotive - 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\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s MIH signs MoU to produce 30k cars for 3 years at El Nasr Automotive\" \/>\n<meta property=\"og:description\" content=\"MIH signs agreement with int\u2019l automaker to assemble 30k cars per annum at El Nasr Automotive: The state-owned Metallurgical Industries Holding Company (MIH) has signed a preliminary agreement with an undisclosed international company to locally assemble 30k cars annually at El Nasr Automotive, with manufacturing set to begin within three years, MIH board chairman Medhat […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-16T04:29:17+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\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s MIH signs MoU to produce 30k cars for 3 years at El Nasr Automotive\",\"datePublished\":\"2020-06-16T04:29:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/\"},\"wordCount\":159,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Dongfeng\",\"El Nasr Automotive\",\"EnterpriseAM\",\"Holding Company for Metallurgical Industries\",\"MIH\",\"Public Enterprises Ministry\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/16\/egypts-mih-signs-mou-to-produce-30k-cars-for-3-years-at-el-nasr-automotive\/\",\"name\":\"Egypt\u2019s MIH signs MoU to produce 30k cars for 3 years at El Nasr Automotive - 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MIH board chairman Medhat Nafea was quoted by Hapi Journal as saying that 25k\u2026","rel":"","context":"In "Speed Round"","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":572268,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/17\/malaysias-proton-partners-with-mih-to-assemble-cars-in-egypt\/","url_meta":{"origin":572232,"position":1},"title":"Malaysia\u2019s Proton partners with MIH to assemble cars in Egypt","author":"enterpriseam admin","date":"17 June 2020","format":false,"excerpt":"INVESTMENT WATCH- MIH says it\u2019s partnering with Malaysia\u2019s Proton for El Nasr car assembly plan: Malaysian auto outfit Proton will partner with the Metallurgical Industries Holding Company (MIH) to assemble cars at El Nasr Automotive and Eamco, MIH board chairman Medhat Nafea was quoted as saying by Al Mal. Proton\u2026","rel":"","context":"In "Speed Round"","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":572317,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/572317\/","url_meta":{"origin":572232,"position":2},"title":"CORRECTION- We incorrectly reported last\u2026","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"CORRECTION- We incorrectly reported last week that the Metallurgical Industries Holding Company (MIH) had partnered with Malaysia\u2019s Perodua to locally assemble 20k cars. MIH has actually signed an agreement with Malaysian auto firm Proton. We have updated the story on our website and regret the error.","rel":"","context":"In "Speed Round"","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":588369,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/11\/seii-close-to-acquiring-70-of-state-owned-glassmaker\/","url_meta":{"origin":572232,"position":3},"title":"SEII close to acquiring 70% of state-owned glassmaker","author":"enterpriseam admin","date":"11 June 2023","format":false,"excerpt":"SEII will buy into the company through a capital increase","rel":"","context":"In "Privatization"","block_context":{"text":"Privatization","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/privatization-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/485.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545603,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/05\/el-nasr-automotive-to-sign-agreement-with-new-chinese-partner-to-locally-assemble-evs\/","url_meta":{"origin":572232,"position":4},"title":"El Nasr Automotive to sign agreement with new Chinese partner to locally assemble EVs","author":"enterpriseam admin","date":"5 April 2022","format":false,"excerpt":"We\u2019re getting a new Chinese partner for EVs: State-owned El Nasr Automotive will sign next week with an unnamed Chinese company to locally assemble electric vehicles (EVs), El Nasr CEO Hany El Kholy told Enterprise. The upcoming agreement for the assembly of the EVs will be \u201cvery different\u201d from the\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591443,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/05\/egypt-chinas-dongfeng-to-sign-ev-agreement-in-january\/","url_meta":{"origin":572232,"position":5},"title":"Egypt, China\u2019s Dongfeng to sign EV agreement in January","author":"enterpriseam admin","date":"5 December 2019","format":false,"excerpt":"Public Enterprises Minister Hisham Tawfik will sign an agreement with Chinese auto company Dongfeng to produce electric vehicles with state-owned El Nasr Automotive in January, according to a cabinet statement. The Metallurgical Industries Holding Company will then conduct a feasibility study to assess the investment necessary to upgrade El Nasr\u2019s\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=572232"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572232\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/572220"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=572232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=572232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=572232"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=572232"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=572232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}