News dalla rete ITA

20 Marzo 2019

Egitto - Giappone

EGYPT, NISSAN COOPERATE IN ESTABLISHING NEW AUTOMOBILES FACTORY

Minister of Public Business Sector Hesham Tawfik announced that his ministry signed a memorandum of understanding with Japan's Nissan Motor Company to establish a new factory to manufacture and export automobiles in Ameriya district of Alexandria. The ministry asked the Japanese company to use Nasr auto-assembling factory and turn it into an export hub through exporting around 50,000 cars annually. Egypt has two tire factories that, together, manufacture some 990,000 tires annually, most of which are agricultural tractors’ tires. The ministry is indeed facing a real crisis in terms of marketing, adding that they are working to establish a marketing entity to promote their products at home and abroad. Earlier this month, Nissan Motor Corporation affirmed its desire to consolidate its presence in the Egyptian market and cooperate with the Egyptian government in carrying out its ambitious plans for the development of the local auto industry to place Egypt among the leading countries in the field of making and exporting automobiles. The government is ready to offer all possible incentives to encourage serious companies like Nissan to expand their businesses and pump more investments in the Egyptian market.   (ICE IL CAIRO)


Fonte notizia: Egypt Today