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  • 20-03-19

    Egyptian El Nasr, Nissan sign initial deal

    (MENAFN) Egypt will see 100,000 Nissan vehicles per year in its market under an initial deal, announced Egyptian public enterprises minister Hesham Tawfik.

    This comes under an agreement El Nasr Automotive Manufacturing secured with the Japanese Nissan, the public enterprises minister affirmed.

    It comes as part of a wider plan for Egypt to increase the number of local auto parts in vehicles, aiming to export most of the cars, the minister explained.

    A statement the ministry issued revealed the two sides to be finalizing the agreement over the next three months.

    MENAFN2003201900450000ID1098279168

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