{"id":573255,"date":"2020-07-27T03:45:14","date_gmt":"2020-07-27T03:45:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/27\/govt-eyes-cabs-to-kickstart-natgas-car-program\/"},"modified":"2020-07-27T03:45:14","modified_gmt":"2020-07-27T03:45:14","slug":"govt-eyes-cabs-to-kickstart-natgas-car-program","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/27\/govt-eyes-cabs-to-kickstart-natgas-car-program\/","title":{"rendered":"Gov\u2019t eyes cabs to kickstart natgas car program"},"content":{"rendered":"

<\/a> G<\/strong>ov\u2019t eyes cabs to kickstart natgas car program: <\/strong>Taxis will be the first target of an expanded government plan to switch cars to dual-fuel engines, the local press<\/a> reports, quoting unnamed government sources. President Abdel Fattah El Sisi earlier this month announced a new policy<\/a> that would require car owners to convert their engines to run on natural gas, helped by low-interest finance offered by the government.<\/p>\n

Deja vu:<\/strong> The \u201cwhite cab replacement program,\u201d announced in early 2009, saw the government give incentives to cabbies at the wheel of what were then some 70k black-and-whites in Cairo. Vehicle owners could pick up a locally assembled white cab on a subsidized, no-interest payment plan if they scrapped cars that had been on the road more than 20 years. There was a movement afoot by early 2011 to expand the program to civilian vehicles, but that initiative died on the vine with the events subsequent to 25 January. There\u2019s essential background here<\/a> \u2014 including on the environmental benefits \u2014 if you\u2019re so inclined.<\/p>\n

This time around it will be compulsory for normal taxi owners to participate.<\/strong> Cars used by ride-hailing companies such as Uber and Careem will be eligible for the scheme but participation will be optional, the sources said. Unlike the old program, which was open-ended, the current incarnation will take three years to complete, the sources said.<\/p>\n

In detail: <\/strong>The Sisi administration has for years been offering incentives for car owners to switch to dual-fuel engines that run on both gasoline and natural gas. The latest program allows people with cars over 20 years old to obtain low-interest car loans for new vehicles, turning in their existing vehicle as a deposit, and owners of cars that are less than 20 years\u2019 old<\/a> zero-interest loans to do the same. The Oil Ministry said shortly after<\/a> it plans to convert some 50k cars to run on gas during the current fiscal year, adding that plans for the year include setting up 50 new filling stations<\/a> across the country. According to President Abdel Fattah El Sisi, the cost of converting 1 mn vehicles to dual-fuel engines hovers around EGP 8 bn.<\/p>\n

*** Stay tuned for this week\u2019s edition of Hardhat <\/strong>which looks at how obstacles facing the program can be overcome. We took a deeper dive into the plan in last week\u2019s edition<\/a> of our infrastructure vertical.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t eyes cabs to kickstart natgas car program: Taxis will be the first target of an expanded government plan to switch cars to dual-fuel engines, the local press reports, quoting unnamed government sources. President Abdel Fattah El Sisi earlier this month announced a new policy that would require car owners to convert their engines to […]<\/p>\n","protected":false},"author":1,"featured_media":573256,"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":[144,93,72,7111,131,100,2380,368,1231],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-automotive","tag-energy","tag-enterpriseam","tag-infrastructure","tag-manufacturing","tag-policy","tag-speed-round","tag-sustainability","tag-toyota","wpautop","entry"],"acf":{"mongo_id":"086634a8-3ce1-4c38-abb3-657e9034a2c2","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/7\/209.jpg","photo_position":"above","related_issue":[573250],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t eyes cabs to kickstart natgas car program - 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\/07\/27\/govt-eyes-cabs-to-kickstart-natgas-car-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t eyes cabs to kickstart natgas car program\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t eyes cabs to kickstart natgas car program: Taxis will be the first target of an expanded government plan to switch cars to dual-fuel engines, the local press reports, quoting unnamed government sources. 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Trade Minister Nevine Gamea\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\/2020\/8\/34.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560003,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/11\/cabinet-approves-natgas-vehicle-switch-incentives\/","url_meta":{"origin":573255,"position":2},"title":"Cabinet approves natgas vehicle switch incentives","author":"enterpriseam admin","date":"11 February 2021","format":false,"excerpt":"Vehicle owners are one step closer to getting financial incentives to swap out their old cars to new ones running on natgas or dual fuel engines after the Madbouly Cabinet signed off on the proposal in its weekly meeting yesterday, according to a statement. Under the proposal, owners of private\u2026","rel":"","context":"In "Cabinet watch"","block_context":{"text":"Cabinet watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/cabinet-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/187.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573924,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/24\/nissan-reportedly-walks-away-from-egypts-plan-to-convert-microbuses-to-run-on-natgas-toyota-seeks-incentives\/","url_meta":{"origin":573255,"position":3},"title":"Nissan reportedly walks away from Egypt\u2019s plan to convert microbuses to run on natgas; Toyota seeks incentives","author":"enterpriseam admin","date":"24 August 2020","format":false,"excerpt":"Nissan reportedly walks away from converting microbuses to run on natgas as Toyota eyes incentives: Japan\u2019s Nissan has withdrawn from participating in the Egyptian government\u2019s plans to convert microbuses to run on dual-fuel engines, saying it currently lacks the technical know-how to participate, Hapi Journal reports, citing an unnamed government\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\/2020\/8\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560897,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/17\/how-much-will-car-owners-pay-to-transition-to-natgas\/","url_meta":{"origin":573255,"position":4},"title":"How much will car owners pay to transition to natgas?","author":"enterpriseam admin","date":"17 March 2021","format":false,"excerpt":"Here\u2019s how much swapping your car for a natgas vehicle will set you back: Passenger car owners looking to swap old vehicles for new ones running on cleaner energy will have their pick of seven models eligible for state financial support, according to a list (pdf) published on the government\u2019s\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/227.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558667,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/22\/govt-to-take-300-old-microbuses-off-the-road-each-month\/","url_meta":{"origin":573255,"position":5},"title":"Gov\u2019t to take 300 old microbuses off the road each month","author":"enterpriseam admin","date":"22 August 2021","format":false,"excerpt":"The government plans to deliver some 300 natgas-powered microbuses each month starting August as part of the state\u2019s plan to replace old vehicles with new models that have dual-fuel engines, Finance Minister Mohamed Maait said in a statement. The first dual-fuel microbus is now on the road after being delivered\u2026","rel":"","context":"In "Transport"","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573255","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=573255"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573255\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/573256"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573255"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=573255"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=573255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}