{"id":116486,"date":"2026-03-09T01:31:42","date_gmt":"2026-03-09T04:31:42","guid":{"rendered":"https:\/\/automotive.einnews.com\/article\/898213068"},"modified":"2026-03-09T01:31:42","modified_gmt":"2026-03-09T04:31:42","slug":"hashem-mulls-egypts-automotive-expansion-with-general-motors","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/09\/hashem-mulls-egypts-automotive-expansion-with-general-motors\/","title":{"rendered":"Hashem mulls Egypt’s automotive expansion with General Motors"},"content":{"rendered":"
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Arab Finance<\/strong>: Minister of Industry Khaled Hashem met with representatives of General Motors to review the company’s current and future projects and expansion plans in Egypt’s automotive sector, according to a statement.<\/p>\n

During the meeting, Hashem emphasized the government’s commitment to localizing the automotive industry as a vital strategic sector that supports economic growth, expands job opportunities, and boosts exports.<\/p>\n

The minister noted that the ministry is implementing a comprehensive strategy to develop the sector, focusing on deepening local manufacturing, increasing the percentage of local components, and attracting foreign investments.<\/p>\n

Moreover, Hashem reviewed the company’s operations in Egypt, including its plant in 6th of October City, the largest in the country in terms of production capacity, reaching 100,000 units annually.<\/p>\n

Total local production of the plant exceeded one million vehicles by 2024, with more than $530 million in investment.<\/p>\n

The plant utilizes advanced manufacturing technologies in accordance with international standards, providing more than 1,300 job opportunities.<\/p>\n

The meeting also reviewed the progress of the Optra model’s local production project and highlighted several proposals aimed at enhancing the investment environment.<\/p>\n<\/p><\/div>\n

\u00a9 2026 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (Syndigate.info<\/a>).<\/p>\n

<\/a><\/strong> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

… in Egypt's automotive<\/span> sector, according to a statement. During … 39;s commitment to localizing the automotive<\/span> industry as a vital strategic sector …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-116486","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/116486","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=116486"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/116486\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=116486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=116486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=116486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}