Prime Minister: The return of Al-Nasr Automotive Manufacturing Company is a strategic decision by the Egyptian state
Dr. Mostafa Madbouly, Prime Minister, said in his speech, which he described as a word from the heart, and his welcome to the audience and presence today in one of the castles of industry, which is Al-Nasr Automotive Manufacturing Company. We dreamed that that castle would return to life, and the government tried to restore life to Al-Nasr Automotive Manufacturing Company. Cars, their return, place and components, and after stopping, with the presence of this treasure of labor, so that another problem does not recur, threatening to stop, and how do we guarantee the existence of the company based on demand? The government believes in partnership with the private sector, implements all procedures, ensures profitability, and forms a group of partnerships, and we guarantee the sustainability of work and these components. It ensures the establishment of the automobile industry, and this is a great opportunity for Egypt.
This came during a celebration of Al-Nasr Automotive Manufacturing Company after its return to production, in the presence of Dr. Mostafa Madbouly, Prime Minister, and a number of ministers and ambassadors, pointing out that there are countries in Africa whose production exceeds Half a million cars a year, in one of the African countries, pointing to the increase in demand for cars, the return of the company to a strategic decision by the countries, how to optimally exploit the state’s assets, and how to deepen local production. And increase the deepening to more than 70%, as well as the feeding industries, and we have a factory for electric batteries, and today is a holiday for all of us. And preserve your factory, this is our future and the future of the Egyptian state, and the president’s directive is industry, industry, industry, and exploiting opportunities. The coming period will witness many, and I thank you all. The wheel of production does not stop, but production increases in the future with the help of the Egyptians.
