{"id":628311,"date":"2024-07-02T00:00:00","date_gmt":"2024-07-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/vokswagen-mulls-partnering-in-shared-auto-production-facility-in-east-port-said\/"},"modified":"2024-07-02T00:00:00","modified_gmt":"2024-07-02T00:00:00","slug":"vokswagen-mulls-partnering-in-shared-auto-production-facility-in-east-port-said","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/vokswagen-mulls-partnering-in-shared-auto-production-facility-in-east-port-said\/","title":{"rendered":"Vokswagen mulls partnering in shared auto production facility in East Port Said"},"content":{"rendered":"

Volkswagen seems keen on proposed shared auto production facility: <\/strong>German carmaker Volkswagen is interested in helping develop a shared production facility in the East Port Said Industrial Zone, Volkswagen Group Africa Chairperson and Managing Director Martina Biene told Asharq Business<\/a>. <\/p>\n

Remember:<\/strong> The Madbouly government and Volkswagen <\/span>signed<\/a> an agreement in November to conduct feasibility studies for the establishment of the planned East Port Said Automotive Zone (EPAZ), for which Volkswagen was set to provide the government with technical assistance as it works on the zone\u2019s feasibility study. Volkswagen\u2019s assistance to the project was driven by the firm\u2019s interest in upping its presence in the country and jumping on board with efforts to localize the industry under the Automotive Industry Development Program.<\/span><\/p>\n

An automotive industry first: <\/strong>\u201cWhat Egypt and East Port Said is trying to build is something unique and something we have not heard of in the automotive industry before,\u201d Biene added. The shared production facility will be used by different original equipment manufacturers (OEMs), Biene said, explaining that they are \u201cinterested in sharing in assembly so that individual manufacturers only would have to set up their individual bodyshops.\u201d As an example, Beine pointed to the possibility of different car manufacturers sharing a vehicle painting complex, \u201cwhich reduces the capex side of the investments a lot and moves it into opex.\u201d<\/p>\n

The more the merrier: <\/strong>\u201cThe project really becomes interesting if there are other OEM partners. So, we would welcome all other manufacturing partners that are interested in looking at this experiment.\u201d<\/p>\n

A final agreement could be announced in 2025: <\/strong>If the project proves feasible, Biene hopes to present a final agreement by next year, which would then be followed by the construction of the facilities, she said.<\/p>\n

And another? <\/strong>The government is in \u201cadvanced talks\u201d with a major non-Chinese vehicle manufacturer to assemble its cars locally, Trade Minister Ahmed Samir told Asharq Business<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

A final agreement could be announced next year<\/p>\n","protected":false},"author":1,"featured_media":628312,"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":[7339],"tags":[144,8671,72,131,1123],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotive","tag-automotive","tag-east-port-said-automotive-zone","tag-enterpriseam","tag-manufacturing","tag-volkswagen","wpautop","entry"],"acf":{"mongo_id":"04ee2034-09fe-4e03-a562-5a1d6c14f973","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/7\/123.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Vokswagen mulls partnering in shared auto production facility in East Port Said Industrial Zone","related_issue":[628303],"teaser":"A final agreement could be announced next year","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.7810ab08-d4eb-43fa-af09-27033a7ee789.mp3"},"yoast_head":"\nVokswagen mulls partnering in shared auto production facility in East Port Said - 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\/2024\/07\/02\/vokswagen-mulls-partnering-in-shared-auto-production-facility-in-east-port-said\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vokswagen mulls partnering in shared auto production facility in East Port Said\" \/>\n<meta property=\"og:description\" content=\"A final agreement could 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employ 6k people","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\/2023\/11\/592.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":666463,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/04\/volkswagens-plan-to-make-cars-in-egypt-is-still-in-the-cards\/","url_meta":{"origin":628311,"position":1},"title":"Volkswagen\u2019s plan to make cars in Egypt is still in the cards","author":"enterpriseam admin","date":"4 June 2025","format":false,"excerpt":"The automaker is attracted to Egypt\u2019s sizable domestic market and strategic access to both Middle Eastern and African consumers","rel":"","context":"In 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assembly facilities across the region, Egyptian\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":634659,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/mamish-with-volkswagen-delegation-to-discuss-potential-investment-in-sczone\/","url_meta":{"origin":628311,"position":3},"title":"Mamish with Volkswagen delegation to discuss potential investment in SCZone","author":"enterpriseam admin","date":"21 January 2018","format":false,"excerpt":"A delegation from Volkswagen met with Suez Canal Authority head Mohab Mamish on Thursday to discuss potential investment in the Suez Canal Economic Zone. The visit follows up on Mamish\u2019s tour of Germany last year which meant to drive business towards the area, particularly in the fields of automotive, energy,\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629506,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/02\/four-new-universities-courtesy-of-al-ahly-cira-plus-tmgs-first-north-coast-project\/","url_meta":{"origin":628311,"position":4},"title":"Four new universities courtesy of Al Ahly CIRA. PLUS: TMG\u2019s first North Coast project","author":"enterpriseam admin","date":"2 July 2024","format":false,"excerpt":"Good afternoon, friends, and happy hump day. It\u2019s another busy day here in Om El Donia as the news flow shows no sign of slowing down. THE BIG STORIES TODAY- Al Ahly CIRA to set up four new international university models in Egypt under a newly-signed agreement with the Sovereign\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/1724.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":651739,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/house-to-conclude-automotive-directive-discussions-next-week\/","url_meta":{"origin":628311,"position":5},"title":"House to conclude Automotive Directive Discussions next week","author":"enterpriseam admin","date":"20 February 2017","format":false,"excerpt":"And that\u2019s not all, as it seems there is light at the end of the tunnel that is the House for the automotive directive. The House of Representatives\u2019 Industry Committee will set a date to vote on the Automotive Directive in the general assembly once the legislation is final. When\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\/628311","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=628311"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628311\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/628312"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628311"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628311"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}