Egyptian Prime Minister Mustafa Madbouli directed officials to expand the automotive industry in Egypt, in light of the formation of the Supreme Council for Automotive Industry and the incentives that have been approved, expressing his willingness to listen to the council’s visions and meet their needs.
This came during a meeting between the premier and representatives of “Nissan Egypt” to support the expansion of local manufacturing.
The meeting was attended by Deputy Prime Minister and Minister of Industry and Transport Major General Kamel El-Wazir, Minister of Investment and Foreign Trade Hassan El-Khatib, Managing Director of Nissan Egypt Mohamed Abdel Samad, Director of Nissan Egypt Factory Engineer Walid Fathy; Engineer Sami El-Mahlawi, General Manager of Product Development at Nissan Egypt, along with other government officials.
Madbouli welcomed the company’s representatives, confirming that he had met with them several times before. He also noted that the Deputy Prime Minister for Industrial Development had visited the company’s factory in Egypt, praising the noticeable progress and advanced technologies there.
For his part, Wazir stressed the state’s interest in localizing industry in general. He added that he regularly visits factories according to a planned program to overcome obstacles and promote work in various industrial sectors, noting that the government’s goal is to expand different industries and provide raw materials and production inputs to manufacturers from Egyptian products.
Meanwhile, investment minister explained that efforts are being made to provide the necessary support for the industry to expand and grow, as this goal is a priority for the state. He also highlighted efforts to encourage and protect local industry, which in turn contributes to meeting local needs and increasing exports.
Engineer Mohammed Abdel Samad, Managing Director of “Nissan Egypt,” expressed his happiness with this renewed meeting, noting that the company has been in Egypt for 20 years. He mentioned that the visit of the Deputy Prime Minister for Industrial Development was the first ministerial visit to the company’s factory in Egypt, praising the significant support provided by the government during this phase to the industrial sector in general, and the automotive industry in particular, in light of Egypt’s strong interest in localizing the automotive industry and seeking to provide the necessary components to achieve this goal.
Abdel Samad stated that “Nissan Egypt” has succeeded in increasing its global competitiveness by exporting cars and spare parts and employing its personnel internationally. “Nissan Egypt” has exported over 10% of its human resources to various branches and offices of “Nissan” worldwide, in several specialties. He confirmed that Egyptian expertise leads in Africa and holds some positions at the parent company.
Source: The Egyptian Gazette
