{"id":638966,"date":"2017-10-18T04:04:28","date_gmt":"2017-10-18T04:04:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/"},"modified":"2017-10-18T04:04:28","modified_gmt":"2017-10-18T04:04:28","slug":"geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/","title":{"rendered":"Geely\u2019s plans to turn Egypt into an exporting hub hinges on Automotive Directive"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>INVESTMENT WATCH- Chinese auto firm Geely will turn Egypt into a <\/strong><strong>regional manufacturing and distribution hub \u2014 if the \u201cautomotive directive\u201d becomes law<\/strong>, senior company officials <a href=\"http:\/\/www.almalnews.com\/Story\/349562\/18\/%D8%AC%D9%8A%D9%84%D9%89-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D8%AA%D8%AD%D9%88%D9%8A%D9%84-%D9%85%D8%B5%D8%B1-%D8%A5%D9%84%D9%89-%D9%82%D8%A7%D8%B9%D8%AF%D8%A9-%D8%AA%D8%B5%D9%86%D9%8A%D8%B9%D9%8A%D8%A9-%D9%84%D9%84%D8%AA%D8%B5%D8%AF%D9%8A%D8%B1\">tell Al Mal<\/a>. The company\u2019s expansion plans rest on the incentives laid out by the legislation, which is designed to prompt local assemblers to go further up the value chain into manufacturing. The company is working with its licensed domestic assembler and distributor, GB Auto, on the expansion plan, which will include assembling new models annually in Egypt. Geely is targeting increasing exports to the MENA region and Europe, the officials added. As <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/10\/house-industry-committees-fall-agenda-to-include-automotive-directive-amendments-to-the-industry-act\/\">we noted earlier in the month<\/a>, the House of Representatives\u2019 Industry Committee is looking to jumpstart the automotive directive, which has languished in committee thanks to lobbying by auto importers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Chinese auto firm Geely will turn Egypt into a regional manufacturing and distribution hub \u2014 if the \u201cautomotive directive\u201d becomes law, senior company officials tell Al Mal. The company\u2019s expansion plans rest on the incentives laid out by the legislation, which is designed to prompt local assemblers to go further up the value [&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-638966","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e929b413-f82b-4af3-bac1-b92df47fa9ed","order":"0","is_powered_by":true,"section_story_id":"15aab339-96d0-430e-9c28-ac5469e79fd9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638955],"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>Geely\u2019s plans to turn Egypt into an exporting hub hinges 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\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Geely\u2019s plans to turn Egypt into an exporting hub hinges on Automotive Directive\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Chinese auto firm Geely will turn Egypt into a regional manufacturing and distribution hub \u2014 if the \u201cautomotive directive\u201d becomes law, senior company officials tell Al Mal. The company\u2019s expansion plans rest on the incentives laid out by the legislation, which is designed to prompt local assemblers to go further up the value [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-18T04:04:28+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\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Geely\u2019s plans to turn Egypt into an exporting hub hinges on Automotive Directive\",\"datePublished\":\"2017-10-18T04:04:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/\"},\"wordCount\":143,\"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\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/18\/geelys-plans-to-turn-egypt-into-an-exporting-hub-hinges-on-automotive-directive\/\",\"name\":\"Geely\u2019s plans to turn Egypt into an exporting hub hinges on Automotive Directive - 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The French automotive manufacturer had entered\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":613493,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/16\/jv-plans-usd-100-mn-investment-to-localize-the-production-of-geely-cars\/","url_meta":{"origin":638966,"position":1},"title":"JV plans USD 100 mn investment to localize the production of Geely cars","author":"enterpriseam admin","date":"16 January 2024","format":false,"excerpt":"The JV wants to begin production in 4Q 2024","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/1031.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547527,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/26\/were-not-done-with-auto-news-just-yet\/","url_meta":{"origin":638966,"position":2},"title":"We\u2019re not done with auto news just yet","author":"enterpriseam admin","date":"26 June 2022","format":false,"excerpt":"Abou Ghaly Motors is now in the final stage of negotiations with Chinese automaker Geely to begin producing their cars in Egypt under a long-term contract, Abou Ghaly\u2019s commercial director, Tamer Kotb, told Enterprise. Abou Ghaly is conducting feasibility studies and the two sides are now finalizing details including pricing,\u2026","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/300.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591613,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/11\/is-egypts-auto-manufacturing-incentives-package-coming-out-of-hibernation-soon\/","url_meta":{"origin":638966,"position":3},"title":"Is Egypt\u2019s auto manufacturing incentives package coming out of hibernation soon?","author":"enterpriseam admin","date":"11 December 2019","format":false,"excerpt":"LEGISLATION WATCH- Is the auto manufacturing incentives package finally going to emerge from months of hibernation? 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