{"id":630078,"date":"2018-04-11T04:22:23","date_gmt":"2018-04-11T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/"},"modified":"2018-04-11T04:22:23","modified_gmt":"2018-04-11T04:22:23","slug":"raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/","title":{"rendered":"Raya teams up with Italy\u2019s Piaggio to manufacture, assemble light transport vehicles in Egypt"},"content":{"rendered":"<p><strong>INVESTMENT WATCH- Raya partners with Italy\u2019s Piaggio on EGP 100 mn tuk-tuk assembly plant: <\/strong>Raya Advanced Manufacturing Company will develop a EGP 100 mn light transport vehicle assembly plant in Egypt in partnership with Italy\u2019s Piaggio, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%B1%D8%A7%D9%8A%D8%A9%20%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%89%2010-04-2018.pdf\">the company said in bourse filing on Tuesday (pdf)<\/a>. Under the new partnership, Raya will build a 10,000 sqm factory and establish after-sale services centers nationwide. The new plant is scheduled to begin production by mid-2018. Word of the Piaggio looking to assemble in Egypt emerged <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/10\/piaggio-considers-assembling-tuk-tuks-in-egypt\/\">on Sunday<\/a>, with reports that representatives of the Italian motor vehicle manufacturer had been looking for partners and financing for the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Raya partners with Italy\u2019s Piaggio on EGP 100 mn tuk-tuk assembly plant: Raya Advanced Manufacturing Company will develop a EGP 100 mn light transport vehicle assembly plant in Egypt in partnership with Italy\u2019s Piaggio, the company said in bourse filing on Tuesday (pdf). Under the new partnership, Raya will build a 10,000 sqm [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630078","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3e7c87c4-94f1-4ddf-8573-12f5d8216f1a","order":"0","is_powered_by":true,"section_story_id":"37d57bc7-c7c1-4e32-a348-9d8a50d775c5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[630066],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Raya teams up with Italy\u2019s Piaggio to manufacture, assemble light transport 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\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raya teams up with Italy\u2019s Piaggio to manufacture, assemble light transport vehicles in Egypt\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Raya partners with Italy\u2019s Piaggio on EGP 100 mn tuk-tuk assembly plant: Raya Advanced Manufacturing Company will develop a EGP 100 mn light transport vehicle assembly plant in Egypt in partnership with Italy\u2019s Piaggio, the company said in bourse filing on Tuesday (pdf). Under the new partnership, Raya will build a 10,000 sqm [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-11T04:22:23+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Raya teams up with Italy\u2019s Piaggio to manufacture, assemble light transport vehicles in Egypt\",\"datePublished\":\"2018-04-11T04:22:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/\"},\"wordCount\":118,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/11\/raya-teams-up-with-italys-piaggio-to-manufacture-assemble-light-transport-vehicles-in-egypt\/\",\"name\":\"Raya teams up with Italy\u2019s Piaggio to manufacture, assemble light transport vehicles in Egypt - 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Italian motor vehicle manufacturer Piaggio is considering teaming up with local partners to assemble tuk-tuks in Egypt, the head of the Egyptian Auto Feeders Association (EAFA) Ehab Abul Enein tells Al Mal. A Piaggio delegation has just concluded a\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":623465,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/31\/medhat-khalil-co-looking-to-submit-mto-for-raya\/","url_meta":{"origin":630078,"position":1},"title":"Medhat Khalil &#038; Co looking to submit MTO for Raya","author":"enterpriseam admin","date":"31 October 2018","format":false,"excerpt":"** #1 M&A WATCH- Medhat Khalil & Co to submit mandatory offer for 100% of Raya? 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Raya CEO Medhat Khalil said he expects the agreement to materialize by the end of the\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","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":574789,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/22\/raya-auto-to-invest-egp-200-mn-in-ev-production\/","url_meta":{"origin":630078,"position":4},"title":"Raya Auto to invest EGP 200 mn in EV production","author":"enterpriseam admin","date":"22 September 2020","format":false,"excerpt":"INVESTMENT WATCH- Raya Auto plans to invest EGP 200 mn in local EV assembly over the next three years: Raya Holding\u2019s automotive arm, Raya Auto, is investing EGP 200 mn in the local production of electric vehicles in the next three years, CEO Mohamed El Naggar said in an emailed\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":598830,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/10\/rayas-manufacturing-arm-seeking-licence-to-assemble-electric-cars\/","url_meta":{"origin":630078,"position":5},"title":"Raya\u2019s manufacturing arm seeking licence to assemble electric cars","author":"enterpriseam admin","date":"10 June 2019","format":false,"excerpt":"INVESTMENT WATCH- Raya\u2019s manufacturing arm seeking licence to assemble electric cars: Raya Auto, a subsidiary of Medhat Khalil\u2019s Raya Holding, has begun talks with the Trade and Industry Ministry to obtain a licence to assemble electric cars, sources close to the matter told Al Mal. 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