Plans to localise automobile industry - Egyptian Gazette

Egyptian Gazette

Plans to localise automobile industry - Egyptian Gazette

Egypt has been undertaking several measures to boost its economy through deepening the local industry by putting incentives that encourage producing complete products or components within the country. On the other side of the equation, Egypt is aiming to increase exports to $60 billion a year by 2025 as part of the government’s new structural reform programme, which would also require increasing products coming out of the country. Great focus ha…