As part of Egypt’s insistence on supporting and delivering its plan to localize the automobile industry, the Egyptian Ministry of Military Production held talks Dec. 16 with the Emirati M Glory Holding specializing in car manufacturing to discuss the manufacture of Egyptian-made cars.
Egyptian Minister of Military Production Mohamed Ahmed Morsi said in a statement Dec. 16, “Cooperation with the United Arab Emirates [UAE] aims at rolling out a plan to localize modern technologies in the automobile industry. An Egyptian-Emirati company has been established in this vein to have Egyptian laborers produce and manufacture bi-fuel cars, and this is a first in Egypt.”
Morsi continued, “Such cooperation supports the ambitious and unprecedented plan to expand the use of natural gas for cars and to benefit from the recent availability and discovery of gas in Egypt.”
In statements Dec. 16, Magda al-Azazi, chairman of the board of directors of the Emirati M Glory Holding, said, “Cooperation with Egypt aims to meet the local and African need for pickup cars, i.e., transport vehicles, especially those that run on natural gas and gasoline.”
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