Al-Sisi said during President Sisi’s meeting with the heads of a number of major international companies operating in the industrial sector participating in the International Forum and Exhibition for Industries held in Egypt: “I said if the traditional car industry had passed us by, we would enter into the issue of the whole world working in it, and we said we are ready to provide the incentives that will make the car industry successful.” Electricity in Egypt, and we operate as a headquarters for the company, and 100 billion pounds are allocated for this matter, donated by the state.”
President Sisi added: “We do not have the luxury of wasting any time other than encouraging investors to work, develop and invest. I will say for example that in 2016 and 17 I had the opportunity to visit many countries such as Japan and Korea, and I spoke about the electric car and that we in Egypt are interested in this issue.”
President Abdel Fattah El-Sisi called on businessmen and factory owners to supervise… Technical schools located within the scope of their work.
The President said during his meeting with the heads of a number of major international companies operating in the industrial sector participating in the International Forum and Exhibition for Industries held in Egypt, on Tuesday, that the Egyptian state has made intensive efforts over the past ten years to provide a suitable environment for the development of the industry, making it an essential pillar in the country’s production. GDP.
He pointed out that the state established 25 universities within 10 years, to provide an educational product for young people that is in line with what the labor market requires, which ultimately benefits investors and industrialists.
He continued: “Any factory wants to supervise the technical school located next to it, from selecting, teaching and qualifying students. We are ready to provide this for him, at the school, and by spending on the school as well, with the supervision that benefits him in the product he buys in his factory. We have no problem in providing this.” “The matter.”
He explained that the Egyptian market represents a large market in itself, which enhances investment opportunities internally, in addition to export capabilities, noting that Egypt enjoys strong relations with countries all over the world, which opens broad horizons for the products of companies operating in Egypt to reach international markets.
Al-Sisi pointed out that the state has worked to develop the necessary infrastructure for the industry in an integrated manner, including modernizing ports, airports, road and train networks, in addition to providing electricity and gas, as well as developing an appropriate legislative framework that enhances investment incentives and ensures a safe and stable investment environment.
Source: Masrawy + Al-Masry Al-Youm
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What are the primary challenges to widespread adoption of electric vehicles in Egypt, and how is the Egyptian government addressing these challenges?
## Egypt Eyes Electric Future: An Interview with [Guest Expert Name]
**Interviewer:** President El-Sisi recently made a strong push for Egypt to enter the electric car industry, committing significant state funds and incentives. What are your thoughts on this ambitious goal?
**Guest Expert:** [Guest Expert Name]: It’s definitely an exciting time for Egypt and its automotive industry. President Sisi’s commitment to electric vehicles is a bold move with potentially huge benefits. Not only could it boost domestic manufacturing and create jobs, but it also aligns with global trends towards sustainable transportation.
The President even mentioned his visits to Japan and Korea back in 2016 and 2017, highlighting his early interest in electric
cars.
**Interviewer:** While the vision is inspiring, some are skeptical about the feasibility of electric cars in Egypt, citing issues like electricity infrastructure and affordability. What are your thoughts on these challenges?
**Guest Expert:** It’s true that Egypt faces challenges with its electricity grid and affordability remains a concern for many Egyptians. However, the government is investing heavily in renewable energy and grid modernization.
Furthermore, as [[1](https://www.reddit.com/r/Egypt/comments/uso6bf/i_dont_see_how_electric_cars_can_be_successful_in/)]highlights, there are discussions about incentivizing hybrid and electric cars, even offering financial benefits for swapping out gasoline vehicles. This suggests a multifaceted approach to making electric vehicles more accessible.
**Interviewer:** President Sisi also stressed the importance of technical schools and collaborating with international companies. How crucial are these elements for success?
**Guest Expert:** Absolutely vital! [Highlight guest expert’s expertise in education or automotive industry]. Developing a skilled workforce is essential for any thriving automotive industry. Technical schools play a crucial role in equipping Egyptians with the knowledge and skills needed to design, manufacture, and maintain electric vehicles.
International partnerships provide access to cutting-edge technology, expertise, and investment.
**Interviewer:** Looking ahead, what do you see as the key factors determining the success of Egypt’s electric car ambitions?
**Guest Expert:** [Offer concluding insights from a knowledgeable perspective]. There’s no doubt this is a challenging but potentially transformative journey for Egypt. Continued government commitment, infrastructural development, focused investment in education and training, and strategic partnerships will be crucial for turning this vision into reality.