{"id":638580,"date":"2017-10-09T03:45:26","date_gmt":"2017-10-09T03:45:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/"},"modified":"2017-10-09T03:45:26","modified_gmt":"2017-10-09T03:45:26","slug":"kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/","title":{"rendered":"Kayan Egypt invests EGP 15 mn in logistics zone, says assembling Seats depends on Automotive directive"},"content":{"rendered":"<p>Kayan Egypt is investing EGP 15 mn in a logistics service zone in Alexandria, <a href=\"http:\/\/www.almalnews.com\/Story\/348450\/18\/%D9%83%D9%8A%D8%A7%D9%86-%D8%A5%D9%8A%D8%AC%D9%8A%D8%A8%D8%AA-%D8%AA%D8%AF%D8%B4%D9%86-%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D9%86%D8%AF%D8%B1%D9%8A%D8%A9\">Al Mal reports<\/a>. CEO Karim El Naggar says the zone will be used to hold imported cars and also export car part and vehicles to markets including Libya and Sudan. El Naggar expects the zone to be ready by 1Q2018 and said plans to assemble Seat cars locally depend on the development of the automotive directive. Overall, El Naggar projects that 80k cars will be sold domestically this year, 60% of which are imported and 40% assembled locally. He expects the sales volume to rise to 100k cars in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kayan Egypt is investing EGP 15 mn in a logistics service zone in Alexandria, Al Mal reports. CEO Karim El Naggar says the zone will be used to hold imported cars and also export car part and vehicles to markets including Libya and Sudan. El Naggar expects the zone to be ready by 1Q2018 and [&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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638580","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"92415abb-6e63-464a-b857-12d618445266","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638546],"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>Kayan Egypt invests EGP 15 mn in logistics zone, says assembling Seats depends on Automotive directive - 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\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kayan Egypt invests EGP 15 mn in logistics zone, says assembling Seats depends on Automotive directive\" \/>\n<meta property=\"og:description\" content=\"Kayan Egypt is investing EGP 15 mn in a logistics service zone in Alexandria, Al Mal reports. CEO Karim El Naggar says the zone will be used to hold imported cars and also export car part and vehicles to markets including Libya and Sudan. El Naggar expects the zone to be ready by 1Q2018 and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-09T03:45:26+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\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Kayan Egypt invests EGP 15 mn in logistics zone, says assembling Seats depends on Automotive directive\",\"datePublished\":\"2017-10-09T03:45:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/kayan-egypt-invests-egp-15-mn-in-logistics-zone-says-assembling-seats-depends-on-automotive-directive\/\",\"name\":\"Kayan Egypt invests EGP 15 mn in logistics zone, says assembling Seats depends on Automotive directive - 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The company has recently reached an agreement with the Spanish automaker and is in \u201cserious negotiations\u201d to see SEAT models assembled by Bavarian Auto, Arab American Vehicles Co., and Egyptian German Automotives, El\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":575198,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/volkswagen-signs-pact-to-produce-natgas-powered-vans-for-egypt\/","url_meta":{"origin":638580,"position":1},"title":"Volkswagen signs pact to produce natgas-powered vans for Egypt","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"INVESTMENT WATCH- Volkswagen wants to produce natgas-powered vans in Egypt \u2014 if it gets the right incentives: Egyptian Automotive and Trading, the local agent for Volkswagen, is looking to strike a seven-year partnership agreement with the Arab Organization for Industrialization to produce natural gas-powered versions of its Crafter and Caddy\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\/2020\/10\/56.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630606,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/26\/gb-auto-boss-expects-car-prices-to-remain-high-after-zero-tariff-cars-from-the-eu-enter-the-market-in-2019-pushes-on-automotive-directive\/","url_meta":{"origin":638580,"position":2},"title":"GB Auto boss expects car prices to remain high after zero-tariff cars from the EU enter the market in 2019, pushes on automotive directive","author":"enterpriseam admin","date":"26 April 2018","format":false,"excerpt":"GB Auto boss expects car prices to remain high after zero-tariff cars from the EU enter the market in 2019: Don\u2019t expect auto prices to go down once customs on cars imported from the European Union fall to zero next January, our friend GB Auto Chairman Raouf Ghabbour tells Al\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":574789,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/22\/raya-auto-to-invest-egp-200-mn-in-ev-production\/","url_meta":{"origin":638580,"position":3},"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":641507,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/25\/battle-royale-of-the-auto-sector\/","url_meta":{"origin":638580,"position":4},"title":"Battle Royale of the auto sector","author":"enterpriseam admin","date":"25 September 2017","format":false,"excerpt":"Battle Royale of the auto sector \u2014 importers and local assemblers duke it out in the press over economy and Automotive Directive: Tensions between auto importers and local assemblers were evident at this year\u2019s Automech Formula, with both corners taking to the pages of Al Borsa to debate their visions\u2026","rel":"","context":"In &quot;Spotlight&quot;","block_context":{"text":"Spotlight","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/spotlight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648378,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/02\/jetta-back-in-egypt-within-weeks\/","url_meta":{"origin":638580,"position":5},"title":"Jetta back in Egypt within weeks","author":"enterpriseam admin","date":"2 April 2017","format":false,"excerpt":"The Egyptian Automotive and Trading Company (EATC) imported 100 Jetta cars pending discharge at Alexandria Port, Executive director Karim Naggar tells Al Mal. 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