{"id":592937,"date":"2019-11-12T04:21:15","date_gmt":"2019-11-12T04:21:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/"},"modified":"2019-11-12T04:21:15","modified_gmt":"2019-11-12T04:21:15","slug":"vw-interested-in-assembling-nat-gas-vehicles-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/","title":{"rendered":"VW interested in assembling nat-gas vehicles in Egypt"},"content":{"rendered":"

Volkswagen is interested in assembling natural gas-powered cars in Egypt, and is willing to increase its usage of locally-produced components, senior executives from the German company told Prime Minister Moustafa Madbouly in a meeting yesterday<\/a>. The company would target the local market, but also export the surplus to foreign markets with which Egypt has trade agreements. The talks come as the finance and trade ministries work on Customs Act amendments that would give customs breaks for companies sourcing at least 10% of their components from the local market.<\/p>\n","protected":false},"excerpt":{"rendered":"

Volkswagen is interested in assembling natural gas-powered cars in Egypt, and is willing to increase its usage of locally-produced components, senior executives from the German company told Prime Minister Moustafa Madbouly in a meeting yesterday. The company would target the local market, but also export the surplus to foreign markets with which Egypt has trade […]<\/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":[9291],"tags":[144,2370,72,131,100,1123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592937","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive","tag-automotive-transportation","tag-enterpriseam","tag-manufacturing","tag-policy","tag-volkswagen","wpautop","entry"],"acf":{"mongo_id":"4d435464-5acc-4ad9-a671-db46bc4c2dd7","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[592902],"teaser":"","voice_url":""},"yoast_head":"\nVW interested in assembling nat-gas vehicles in Egypt - 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\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VW interested in assembling nat-gas vehicles in Egypt\" \/>\n<meta property=\"og:description\" content=\"Volkswagen is interested in assembling natural gas-powered cars in Egypt, and is willing to increase its usage of locally-produced components, senior executives from the German company told Prime Minister Moustafa Madbouly in a meeting yesterday. The company would target the local market, but also export the surplus to foreign markets with which Egypt has trade […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-12T04:21:15+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"VW interested in assembling nat-gas vehicles in Egypt\",\"datePublished\":\"2019-11-12T04:21:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/\"},\"wordCount\":95,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"automotive\",\"Automotive + Transportation\",\"EnterpriseAM\",\"Manufacturing\",\"policy\",\"Volkswagen\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/vw-interested-in-assembling-nat-gas-vehicles-in-egypt\/\",\"name\":\"VW interested in assembling nat-gas vehicles in Egypt - 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The sources did not disclose which facilities are being looked at, or the expected investment value and timeline\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":564636,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/17\/mitsubishi-to-begin-assembling-cars-in-egypt\/","url_meta":{"origin":592937,"position":1},"title":"Mitsubishi to begin assembling cars in Egypt","author":"enterpriseam admin","date":"17 February 2021","format":false,"excerpt":"Mitsubishi Motors is planning to start assembling cars in Egypt using a Nissan-owned plant, the local press reports, quoting sources close to talks between the two manufacturers. The two had reportedly signed an agreement that would see Mitsubishi roll out locally-assembled trucks as a starting point. Locally-assembled Mitsubishi passenger cars\u2026","rel":"","context":"In "SPEED ROUND: AUTOMOTIVE"","block_context":{"text":"SPEED ROUND: AUTOMOTIVE","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/468.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593277,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/24\/attracting-fdi-into-the-automotive-sector-remains-a-challenge-el-sisi-admits\/","url_meta":{"origin":592937,"position":2},"title":"Attracting FDI into the automotive sector remains a challenge, El Sisi admits","author":"enterpriseam admin","date":"24 November 2019","format":false,"excerpt":"INVESTMENT WATCH- Attracting FDI into the automotive sector remains a challenge, El Sisi says: The government hasn\u2019t been able to attract the foreign direct investment needed to spur growth in the automotive industry, President Abdel Fattah El Sisi said during the Investment for Africa Forum, which wrapped up yesterday in\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\/7\/34.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575198,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/volkswagen-signs-pact-to-produce-natgas-powered-vans-for-egypt\/","url_meta":{"origin":592937,"position":3},"title":"Volkswagen signs pact to produce natgas-powered vans for Egypt","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"INVESTMENT WATCH- Volkswagen wants to produce natgas-powered vans in Egypt \u2014 if it gets the right incentives: Egyptian Automotive and Trading, the local agent for Volkswagen, is looking to strike a seven-year partnership agreement with the Arab Organization for Industrialization to produce natural gas-powered versions of its Crafter and Caddy\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\/10\/56.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572704,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/06\/european-automakers-eyeing-component-manufacturing-in-egypt\/","url_meta":{"origin":592937,"position":4},"title":"European automakers eyeing component manufacturing in Egypt?","author":"enterpriseam admin","date":"6 July 2020","format":false,"excerpt":"European automakers eyeing component manufacturing in Egypt? Three European automotive manufacturers are looking at setting up \u201cstrategic partnerships\u201d with auto component manufacturers in Egypt as they look to distance their supply chains from China, head of the Engineering Export Council Sherif El Sayad tells Hapi Journal. 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