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Tuesday, 27 August 2019

Egypt and China talk collaboration in plans to build electric car factory

Public Enterprises Minister Hisham Tawfik discussed with Chinese Ambassador to Cairo Liao Liqiang incentives the government will offer to partners in the joint project between China and El Nasr Automotive to set up an electric car factory, the ministry said in a statement (pdf), without providing further details. The ministry signed last month an agreement with an unnamed Chinese auto company to establish the factory, and is expected to sign the partnership MoU soon. Tawfik will travel to China next month to meet with auto manufacturers and visit their factories.

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