{"id":655310,"date":"2024-11-17T00:00:00","date_gmt":"2024-11-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/el-nasr-automotive-restarting-production-put-the-countrys-efforts-to-localize-the-auto-industry-in-the-limelight\/"},"modified":"2024-11-17T00:00:00","modified_gmt":"2024-11-17T00:00:00","slug":"el-nasr-automotive-restarting-production-put-the-countrys-efforts-to-localize-the-auto-industry-in-the-limelight","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/el-nasr-automotive-restarting-production-put-the-countrys-efforts-to-localize-the-auto-industry-in-the-limelight\/","title":{"rendered":"El Nasr Automotive restarting production put the country's efforts to localize the auto industry in the limelight"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The return of state-owned El Nasr Automotive was the main focus on many of the<\/strong><strong> talk shows last night,<\/strong> as news that the firm has officially restarted operations after a 15-year hiatus caught the attention of the nation\u2019s hosts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some hosts looked back on how the country\u2019s first automaker helped shape the country\u2019s <\/strong><strong>industrial sector<\/strong>, with Ala Mas\u2019ouleety\u2019s Ahmed Moussa detailing how the company went from a regional leader in the auto industry in the twentieth century to being liquidated in the early 2000s. Moussa went on to describe the state\u2019s efforts to revive the company starting in 2017, which saw a steady process of upgrading the company\u2019s production facilities and preparing partnerships to relaunch production (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/v\/14paUJnpda\/\" style=\"\" rel=\"noopener\">watch, runtime: 5:10<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The state-owned company can play an important role in the nation\u2019s economy once <\/strong><strong>again<\/strong>, says Moussa, telling the audience that \u201cthe start (of national localization efforts) comes from El Nasr Automotive.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Relaunching is a positive step, but there are big challenges to come<\/strong>, Amr Adib said on El Hekaya. Adib pointed to two main challenges after resuming operations \u2014 maintaining continuous production without any interruptions and upping the ratio of local components in the production of the vehicles\u2019 parts. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/v\/19eped96io\/\" style=\"\" rel=\"noopener\">watch, runtime: 4:31<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Morocco has already laid out a blueprint for us to follow<\/strong>, Adib argued. El Nasr has the potential to produce large volumes of vehicles and should look to the Moroccan auto industry \u2014 which brings in more revenue than the Suez Canal \u2014 for guidance, he continued.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** We have more on El Nasr Automotive\u2019s resumption of operations in the news well,<\/strong><strong> above.<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm has officially restarted operations after a 15-year hiatus<\/p>\n","protected":false},"author":1,"featured_media":655311,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7232],"tags":[144,250,72,106,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-655310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-automotive","tag-el-nasr-automotive","tag-enterpriseam","tag-last-nights-talk-shows","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"1e280cbd-ca36-4865-b612-56b235e4dbc6","order":"12","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/1504.jpg","photo_position":"above","homepage_title":"","full_issue_title":"El Nasr Automotive restarting production put the country's efforts to localize the auto industry in the limelight","related_issue":[655290],"teaser":"The firm has officially restarted operations after a 15-year hiatus","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.f5533498-ba49-4728-8d72-83c9cf14b71d.mp3"},"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>El Nasr Automotive restarting production put the country&#039;s efforts to localize the auto industry in the limelight - 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\/11\/17\/el-nasr-automotive-restarting-production-put-the-countrys-efforts-to-localize-the-auto-industry-in-the-limelight\/\" \/>\n<meta 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