{"id":637788,"date":"2017-11-26T03:57:46","date_gmt":"2017-11-26T03:57:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/"},"modified":"2017-11-26T03:57:46","modified_gmt":"2017-11-26T03:57:46","slug":"automotive-directive-will-be-issued-in-early-2018-kabil","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/","title":{"rendered":"Automotive Directive will be issued in early 2018 -Kabil"},"content":{"rendered":"

<\/a> Automotive Directive to be issued in early 2018? <\/strong>The Automotive Directive will \u201csee the light\u201d in early 2018, Trade and Industry Minister Tarek Kabil said yesterday, Al Borsa reports<\/a>. The government is now putting the \u201cfinal touches\u201d on the draft law and should be sending it to the House of Representatives for review by the end of November<\/strong>, House Industry Committee Chair Ahmed Samir tells the newspaper. The bill \u2014 which is expected to grant local assemblers incentives to move further up the value chain to manufacturing \u2014 has undergone several amendments to appease different industry players<\/a>, particularly car importers, who had been particularly outspoken against the law, claiming it violates trade agreements with the European Union. The ministry had hired a German consulting firm to help with draft the legislation and incorporate feedback from different sources.<\/p>\n

Under the amended bill, manufacturers would be eligible for incentives if they are able to meet a minimum local component requirement<\/strong> of 45%, which over the course of eight years would rise gradually to 60% for personal vehicles and smaller of group transport vehicles. Local content requirements for light trucks would peak at 70%. Manufacturers would also receive exemptions from development fees if they produce a certain number of vehicles on an annual basis, or if they export 25-40% of their total output a year.<\/p>\n","protected":false},"excerpt":{"rendered":"

Automotive Directive to be issued in early 2018? The Automotive Directive will \u201csee the light\u201d in early 2018, Trade and Industry Minister Tarek Kabil said yesterday, Al Borsa reports. The government is now putting the \u201cfinal touches\u201d on the draft law and should be sending it to the House of Representatives for review by the […]<\/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-637788","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"c47435f6-e402-4347-8ee6-9f353da5b45d","order":"0","is_powered_by":true,"section_story_id":"e168768a-4a32-449a-90fd-9989684f222a","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637778],"teaser":"","voice_url":""},"yoast_head":"\nAutomotive Directive will be issued in early 2018 -Kabil - 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\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Automotive Directive will be issued in early 2018 -Kabil\" \/>\n<meta property=\"og:description\" content=\"Automotive Directive to be issued in early 2018? The Automotive Directive will \u201csee the light\u201d in early 2018, Trade and Industry Minister Tarek Kabil said yesterday, Al Borsa reports. The government is now putting the \u201cfinal touches\u201d on the draft law and should be sending it to the House of Representatives for review by the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-26T03:57:46+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\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Automotive Directive will be issued in early 2018 -Kabil\",\"datePublished\":\"2017-11-26T03:57:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/\"},\"wordCount\":223,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/automotive-directive-will-be-issued-in-early-2018-kabil\/\",\"name\":\"Automotive Directive will be issued in early 2018 -Kabil - 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The decision also mandates\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":629046,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/21\/trade-minister-forms-local-automotive-manufacturing-committee\/","url_meta":{"origin":637788,"position":1},"title":"Trade Minister forms local automotive manufacturing committee","author":"enterpriseam admin","date":"21 May 2018","format":false,"excerpt":"Another step toward the Automotive Directive? Trade Minister Tarek Kabil issued yesterday a decree forming a committee in charge of implementing higher local content requirements for domestic assemblers and manufacturers. The committee will draft the executive regulations to the ministry\u2019s directive from last month that requires 46% of the components\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":632688,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/local-component-requirements-for-automotive-directive-are-being-revised-minister\/","url_meta":{"origin":637788,"position":2},"title":"Local component requirements for Automotive Directive are being revised -Minister","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"LEGISLATION WATCH- Local component requirements for Automotive Directive are being revised: Trade and Industry Minister Tarek Kabil said yesterday that the minimum local component requirements that would make producers eligible for incentives under the Automotive Directive are being revised, according to a ministry statement (pdf). Kabil had said last November\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":628785,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/one-step-closer-to-launching-the-automotive-directive\/","url_meta":{"origin":637788,"position":3},"title":"One step closer to launching the Automotive Directive","author":"enterpriseam admin","date":"14 May 2018","format":false,"excerpt":"One step closer to launching the Automotive Directive? The Trade and Industry Ministry plans to hold a meeting today with a number of auto companies to discuss an order issued by minister Tarek Kabil last month on local content that is widely considered to be a forerunner to the Automotive\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":625696,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/govt-to-have-automotive-directive-ready-by-the-fall\/","url_meta":{"origin":637788,"position":4},"title":"Gov\u2019t to have automotive directive ready by the fall","author":"enterpriseam admin","date":"13 August 2018","format":false,"excerpt":"LEGISLATION WATCH- We\u2019ve heard this one before \u2014 gov\u2019t to have automotive directive ready by the fall: The Trade and Industry Ministry is planning to have the automotive directive drafted and ready before the House of Representatives reconvenes for the fall legislative session in October, Nassar said at a presser\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":646590,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/kabil-postpones-meeting-with-eu-officials-over-automotive-directive\/","url_meta":{"origin":637788,"position":5},"title":"Kabil postpones meeting with EU officials over automotive directive","author":"enterpriseam admin","date":"19 June 2017","format":false,"excerpt":"Kabil postpones talks with EU officials on automotive directive: Trade and Industry Minister Tarek Kabil has postponed a planned visit to Brussels during which he was expected to discuss the EU\u2019s concerns about the proposed automotive directive, EU Mission Chief to Egypt Ivan Surko\u0161 tells Al Mal. 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