Eng. Ahmed Samir, Minister of Trade and Industry, held an extensive meeting with a delegation of Mercedes-Benz Egypt, headed by Mr. Gerd Petrelich, CEO of the company. The meeting reviewed the company’s current and future projects in the Egyptian market, as well as the company’s export opportunities in the regional and global markets.
The minister said that the ministry is keen to provide all aspects of support to global auto manufacturers to continue and expand in the Egyptian market in order to meet the needs of the local market and export to foreign markets, pointing out the ministry’s keenness to hold permanent meetings with companies investing in the Egyptian market to review their demands, and provide immediate solutions and responses to these. Demands in cooperation with all ministries and concerned authorities in the state.
Samir pointed out that there are great opportunities for the company to produce electric trucks in Egypt, especially in light of the great support provided by the state to car production companies to localize the electric car industry in the Egyptian market.
The minister pointed out the importance of benefiting from the network of free and preferential trade agreements signed with a large number of countries and regional and global economic blocs, which allow free access to products manufactured in Egypt to the markets of these countries, pointing out that there is a great opportunity for Mercedes-Benz Egypt to expand its exports to the markets of countries. Members of these agreements, which cover a large number of global markets.
For his part, Mr. Gerd Petrelich, CEO of Mercedes-Benz Egypt, explained that the company pays great attention to the continuation and expansion of the Egyptian market as one of the most important markets in the Middle East and Africa, pointing to the company’s keenness to take advantage of the large investment opportunities and ingredients available in the Egyptian market to enhance Its production capabilities meet the needs of the local market and export to foreign markets.
The company’s delegation praised the new administrative capital, which represents a great cultural and administrative transition and represents an important addition to the achievements made by the Egyptian state on its way towards the new republic.
