{"id":604886,"date":"2018-12-16T04:04:04","date_gmt":"2018-12-16T04:04:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypts-car-component-makers-eager-to-see-sector-development-strategy-in-action\/"},"modified":"2018-12-16T04:04:04","modified_gmt":"2018-12-16T04:04:04","slug":"egypts-car-component-makers-eager-to-see-sector-development-strategy-in-action","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypts-car-component-makers-eager-to-see-sector-development-strategy-in-action\/","title":{"rendered":"Egypt\u2019s car component makers eager to see sector development strategy in action"},"content":{"rendered":"

Auto components manufacturers want to see the government implementing a sector development strategy that sets uniform quality standards, provides incentives to exporters, and introduces protectionist policies by disallowing cheaper, poorly made imports, member of the Federation of Egyptian Industries\u2019 automotive components division Khalid Khalil said<\/a>. Trade Minister Amr Nassar said earlier this month<\/a> that his ministry is planning to introduce policies aimed at attracting foreign investments to the sector, pouring cold water on the introduction of the so-called automotive directive \u2014 legislation which would have local assemblers incentives to start manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"

Auto components manufacturers want to see the government implementing a sector development strategy that sets uniform quality standards, provides incentives to exporters, and introduces protectionist policies by disallowing cheaper, poorly made imports, member of the Federation of Egyptian Industries\u2019 automotive components division Khalid Khalil said. Trade Minister Amr Nassar said earlier this month that his […]<\/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":[144,2370,9348,72,180,131,100,132,207],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604886","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive","tag-automotive-transportation","tag-engineering","tag-enterpriseam","tag-legislation","tag-manufacturing","tag-policy","tag-trade","tag-transport","wpautop","entry"],"acf":{"mongo_id":"67fe7a86-72ed-4af6-b514-9fe20825963b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Egypt\u2019s car component makers eager to see sector development strategy in action","related_issue":[604856],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.e1dfe77b-9219-458a-b6e6-c6fd4ea5ac69.mp3"},"yoast_head":"\nEgypt\u2019s car component makers eager to see sector development strategy in action - 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\/2018\/12\/16\/egypts-car-component-makers-eager-to-see-sector-development-strategy-in-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s car component makers eager to see sector development strategy in action\" \/>\n<meta property=\"og:description\" content=\"Auto components manufacturers want to see the government implementing a sector development strategy that sets uniform quality standards, provides incentives to exporters, and introduces protectionist policies by disallowing cheaper, poorly made imports, member of the Federation of Egyptian Industries\u2019 automotive components division Khalid Khalil said. 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The program will grant customs discounts for auto\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\/2021\/2\/31.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604408,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/trade-minister-downplays-automotive-directive-says-talks-are-ongoing-with-unnamed-global-car-manufacturers-on-egypt-investments\/","url_meta":{"origin":604886,"position":1},"title":"Trade minister downplays \u2018automotive directive,\u2019 says talks are ongoing with unnamed global car manufacturers on Egypt investments","author":"enterpriseam admin","date":"3 December 2018","format":false,"excerpt":"Trade Minister: Please stop asking about the \u201cautomotive directive.\u201d Trade and Industry Minister Amr Nassar threw cold water on years spent crafting the \u201cautomotive directive\u201d that would have given incentives to local assemblers to move further up the value chain into manufacturing in return for a measure of protection against\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\/2021\/2\/31.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599607,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/egypt-in-talks-with-at-least-six-intl-automotive-manufacturers-to-set-up-shop\/","url_meta":{"origin":604886,"position":2},"title":"Egypt in talks with at least six int\u2019l automotive manufacturers to set up shop","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"The government is in talks with at least six global automotive manufacturers to set up full-scale operations in Egypt, Public Enterprises Minister Hisham Tawfik told Hona Al Asema\u2019s Lama Gebril on Tuesday (watch, runtime: 5:37). \u201cWe are waiting for serious investors, someone who would go above 50k vehicles a year,\u201d\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":[]},{"id":592149,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/29\/egypts-automotive-incentives-package-could-soon-see-the-light-of-day\/","url_meta":{"origin":604886,"position":3},"title":"Egypt\u2019s automotive incentives package could soon see the light of day","author":"enterpriseam admin","date":"29 December 2019","format":false,"excerpt":"Trade Ministry finalizes method to calculate local content\u2019s added value under larger automotive strategy: Trade Ministry officials have finalized a new method to calculate the percentage of local content under a planned automotive industry strategy to encourage car manufacturers, Al Mal reported, citing an unnamed official. The proposed method should\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\/9\/2604.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646318,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/trade-and-industry-ministry-form-committee-to-resolve-issues-with-the-automotive-directive\/","url_meta":{"origin":604886,"position":4},"title":"Trade and Industry Ministry form committee to resolve issues with the automotive directive","author":"enterpriseam admin","date":"12 June 2017","format":false,"excerpt":"Trade and Industry Ministry forms committee to break deadlock over automotivedirective: The Trade and Industry Ministry is forming a committee of Federation of Egyptian Industries and Industrial Development Authority (IDA) officials to look into resolving the deadlock on the automotive directive, Al Borsa reported last Thursday. 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