Egypt Targets Global Auto Giants to Localize Industry, Boost Exports

Egypt targets global auto giants to localize industry, boost exports

The state attaches great importance to localizing the automotive industry by attracting major global manufacturers, Prime Minister Mostafa Madbouly said on Tuesday, January 27, 2026. This is part of Egypt’s National Automotive Industry Development Programme, with a specific focus on the production of electric vehicles (EVs) and their components to align with global shifts toward clean energy, the premier added during a meeting with the ministers…

Egypt seeks global automakers to localise electric vehicle production - Dailynewsegypt

Egypt is seeking to attract major global automakers to localise the production of electric vehicles and components as part of a national strategy to meet domestic demand and expand exports, Prime Minister Mostafa Madbouly said on Tuesday. The Prime Minister stated that the government is prioritising the National Automotive Manufacturing Programme to transition toward clean energy and reduce reliance on traditional fuels. During a meeting with th…