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Monday, 1 April 2019

Egypt’s Industrial Development Authority suspends licensing for tuk-tuk makers

REGULATION WATCH- No more licenses for tuk-tuk makers: The Industrial Development Authority (IDA) has decided to stop handing out licenses to tuk-tuk manufacturers and assemblers that are looking to expand in Egypt, a Trade Ministry source tells Youm7. The decision comes in light of government orders to curb their use as a means of transport and replace them with seven-seater minivans, the source said. The government said last week that governors were looking into issuing public transport licenses for seven-seater minivans as a replacement for three-wheeled tuk-tuks. Prime Minister Moustafa Madbouly had ordered in December a temporary freeze on licensing the three-wheel vehicles, but the freeze was apparently reversed for a short window in January.

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