EGYPT, COOPERATION WITH CHINA FOR ELECTRIC CARS
Egypt’s Minister of Public Enterprise Hisham Tawfik said Egypt was seeking to cooperate with China to manufacture electric cars, capitalising on China’s experience and its technological advances in the field.
Tawfik’s ministry wants to partner with a Chinese company to build Egypt’s first electric cars factory on the land of Al-Nasr Automobile Company, he said during a meeting with Chinese Ambassador in Egypt Liao Li Qiang and the Chinese Ministerial Commercial Counsellor Han Bing on Monday.
Egypt has a good starting point to delve into this industry to satiate the domestic market and to export to the global market, benefiting from agreements signed with other countries in this area.
The minister tapped on preparations for his scheduled visit to China in September. Coordinating with the Egyptian Embassy in China, Tawfik shall be meeting with representatives of China’s Autos Manufacturing Union and a number of electric autos manufacturing companies to stay on top of developments in the industry and explore the possibility of collaboration.
Meanwhile, the Chinese Ambassador in Egypt Liao Li Qiang promised full support and cooperation with Egypt’s public enterprise ministry, praising progress in relations between the two countries.