{"id":594919,"date":"2019-09-11T04:03:49","date_gmt":"2019-09-11T04:03:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/"},"modified":"2019-09-11T04:03:49","modified_gmt":"2019-09-11T04:03:49","slug":"auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/","title":{"rendered":"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx"},"content":{"rendered":"

<\/a> A multi-pronged approach is needed to help Egypt\u2019s auto sector overcome its challenges:<\/b> The government must combine its plan to provide customs breaks to auto companies with R&D incentives, new licensing regulations, and a comprehensive e-mobility strategy in order to stimulate growth in the lagging auto sector, according to a report (pdf)<\/a> published by Egyptian public policy consultancy Lynx Strategic Business Advisors<\/a>. The Madbouly Cabinet\u2019s current version<\/a> of its incentives strategy aims to increase demand for locally-produced components by reducing customs duties for auto companies to as little as 5.6%, depending on the percentage of local content used.<\/p>\n

The incentives strategy doesn\u2019t go far enough:<\/b> Lynx recommends that the government introduce tax breaks for feeder companies and component manufacturers in order to provide them with the financial resources necessary to move up the value chain. A package of export incentives \u2014 such as subsidies, low-interest loans, and tax exemptions \u2014 should also be introduced to encourage assemblers and manufacturers to increase business activity overseas.<\/p>\n

More needs to be done to stimulate R&D:<\/b> To generate added value in the sector, the government should introduce measures specifically designed to encourage R&D investment. Patent-linked incentives, tax breaks for innovation and product development, and government financial support for R&D would assist feeder industries and companies aiming to produce original equipment. Lynx also recommends that the government devise a strategy for increasing the use of electric vehicles, and introduce new licensing regulations that would ban vehicles that are more than 30 years old.<\/p>\n

It\u2019s not all bad: <\/b>Egypt has major economic potential since the implementation of the bold economic reform program, Lynx says. The EGP float, fiscal reform and developments in the energy sector have all made positive impacts on Egypt\u2019s economy. On top of this, the government\u2019s existing stimulus plans for the sector, projects like the Suez Canal Economic Zone, and the low operating costs compared to other countries give Egypt a competitive edge.<\/p>\n","protected":false},"excerpt":{"rendered":"

A multi-pronged approach is needed to help Egypt\u2019s auto sector overcome its challenges: The government must combine its plan to provide customs breaks to auto companies with R&D incentives, new licensing regulations, and a comprehensive e-mobility strategy in order to stimulate growth in the lagging auto sector, according to a report (pdf) published by Egyptian […]<\/p>\n","protected":false},"author":1,"featured_media":594920,"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":[144,309,72,131,11118,2380,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-automotive","tag-customs","tag-enterpriseam","tag-manufacturing","tag-rd","tag-speed-round","tag-tax","wpautop","entry"],"acf":{"mongo_id":"8da930b8-0a64-4d39-afe7-72b8f48fb5b9","is_powered_by":true,"section_story_id":"c2a5a8ee-48e9-4cc7-b3e4-23ea68978e51","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/7\/34.jpg","photo_position":"above","related_issue":[594907],"teaser":"","voice_url":""},"yoast_head":"\nAuto sector requires comprehensive stimulus package to overcome challenges -Lynx - 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\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx\" \/>\n<meta property=\"og:description\" content=\"A multi-pronged approach is needed to help Egypt\u2019s auto sector overcome its challenges: The government must combine its plan to provide customs breaks to auto companies with R&D incentives, new licensing regulations, and a comprehensive e-mobility strategy in order to stimulate growth in the lagging auto sector, according to a report (pdf) published by Egyptian […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-11T04:03:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1\" \/>\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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx\",\"datePublished\":\"2019-09-11T04:03:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\"},\"wordCount\":336,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1\",\"keywords\":[\"automotive\",\"customs\",\"EnterpriseAM\",\"Manufacturing\",\"R&D\",\"SPEED ROUND\",\"tax\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\",\"name\":\"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2019-09-11T04:03:49+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/","og_locale":"en_US","og_type":"article","og_title":"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx","og_description":"A multi-pronged approach is needed to help Egypt\u2019s auto sector overcome its challenges: The government must combine its plan to provide customs breaks to auto companies with R&D incentives, new licensing regulations, and a comprehensive e-mobility strategy in order to stimulate growth in the lagging auto sector, according to a report (pdf) published by Egyptian […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-09-11T04:03:49+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx","datePublished":"2019-09-11T04:03:49+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/"},"wordCount":336,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1","keywords":["automotive","customs","EnterpriseAM","Manufacturing","R&D","SPEED ROUND","tax"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/","name":"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1","datePublished":"2019-09-11T04:03:49+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/auto-sector-requires-comprehensive-stimulus-package-to-overcome-challenges-lynx\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Auto sector requires comprehensive stimulus package to overcome challenges -Lynx"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/7\/34.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":598214,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/19\/finmin-trade-ministry-expand-egypts-automotive-incentives-strategy-to-cover-all-industries\/","url_meta":{"origin":594919,"position":0},"title":"FinMin, Trade Ministry expand Egypt\u2019s automotive incentives strategy to cover all industries","author":"enterpriseam admin","date":"19 May 2019","format":false,"excerpt":"EXCLUSIVE- FinMin, Trade Ministry looking to expand automotive industry-style incentive strategy to other sectors: The finance, trade and industry ministers are working on a more expansive incentives strategy for all local industries based on its program for the automotive industry, a senior official in the government tells Enterprise. The program\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\/2022\/7\/381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594641,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/will-egypts-auto-manufacturers-incentives-strategy-see-the-light-of-day-soon\/","url_meta":{"origin":594919,"position":1},"title":"Will Egypt\u2019s auto manufacturers incentives strategy see the light of day soon?","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"Will the auto manufacturers incentives strategy see the light of day soon? The Madbouly Cabinet\u2019s economic group reviewed yesterday a proposed package of incentives for automotive manufacturers to spur domestic manufacturing and assembly, according to a Cabinet statement. Prime Minister Moustafa Madbouly ordered the finance and trade and industry ministries\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\/2022\/7\/381.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569660,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/govt-considering-full-customs-exemption-on-imports-of-auto-components\/","url_meta":{"origin":594919,"position":2},"title":"Gov\u2019t considering full customs exemption on imports of auto components","author":"enterpriseam admin","date":"3 March 2020","format":false,"excerpt":"The government is considering a full customs exemption on imports of auto components: The Trade Ministry could grant a full customs exemption on imports of auto components as part of its strategy to incentivize local manufacturers, the local press reports, citing unnamed government sources. Nissan and Toyota requested earlier this\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\/3\/41.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597542,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/cabinet-approves-final-customs-package-for-car-makers\/","url_meta":{"origin":594919,"position":3},"title":"Cabinet approves final customs package for car makers","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"EXCLUSIVE- Cabinet approves final amendments on auto manufacturing incentives package: The Madbouly Cabinet has approved final amendments to the Customs Act that will provide customs discounts to car manufacturers in return for increasing their use of local components, two government officials told Enterprise. The updated amendments split customs breaks into\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":597450,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypt-targets-usd-5-bn-auto-sector-fdi-over-two-years\/","url_meta":{"origin":594919,"position":4},"title":"Egypt targets USD 5 bn auto sector FDI over two years","author":"enterpriseam admin","date":"28 July 2019","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t targeting USD 5 bn auto sector FDI over two years: The government is hoping to attract USD 5 bn of foreign direct investment into the automotive sector within the next two years, two government sources told Enterprise. The target is part of a plan to develop the sector\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\/2019\/6\/1903.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591613,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/is-egypts-auto-manufacturing-incentives-package-coming-out-of-hibernation-soon\/","url_meta":{"origin":594919,"position":5},"title":"Is Egypt\u2019s auto manufacturing incentives package coming out of hibernation soon?","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"LEGISLATION WATCH- Is the auto manufacturing incentives package finally going to emerge from months of hibernation? Proposed amendments to the Customs Act that will provide customs discounts to car manufacturers in return for increasing their use of local components will be sent to the House of Representatives \u201csoon\u201d for review\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594919","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=594919"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/594919\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/594907"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/594920"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=594919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=594919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=594919"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=594919"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=594919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}