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Monday, 18 December 2017

The automotive industry is suffering from the continued stalling of the Automotive Directive

The automotive industry is suffering from the continued stalling of the Automotive Directive, Hussein Abd Rabbo writes for Al Borsa. The government has been trying to attract investors by any means possible, but has failed to pass the Automotive Directive for over four years. In the meantime, countries including India and South Korea — which began automotive manufacturing at the same time as Egypt back in the ‘60s — have taken massive leaps in their respective journeys. Abd Rabbo takes note of industry leader Raouf Ghabbour’s continued lobbying for the legislation to pass.

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