Egypt develops integrated digital system to support National Digital Health Strategy

Egypt's national auto industry program offers incentives for local manufacturing and electric vehicles

Egypt's Cabinet media center has outlined incentives to build a strong automotive manufacturing base, including feeding sectors. The National Automotive Industry Development Program aims to localize vehicle manufacturing and attract international companies, with a focus on electric vehicles as part of a national move towards clean energy. The program provides an additional incentive of LE 5,000 for every 1% increase in local components above the 35% threshold per car. New assembly plants in priority areas can receive a 100% land price refund if they produce over 100,000 traditional fuel vehicles or 10,000 electric vehicles. Existing plants are eligible for a 50% land refund upon reaching the same production targets. The program also explores including the automotive sector in the export burden rebate program, uses Investment Law incentives, and has an initiative to replace older vehicles with electric taxis and private cars.