RIYADH: Egypt plans to produce 100,000 vehicles annually under its Automotive Industry Development Program, as the country continues to attract significant investment into its vehicle manufacturing sector.
In a Facebook post, the Egyptian Cabinet said the AIDP also aims to steer the country’s automotive industry toward electric vehicles and support the establishment of vehicle development and manufacturing facilities in priority locations.
The push is part of Egypt’s broader effort to diversify industry, cut import dependence and boost local content, as competition for automotive investment intensifies across the Middle East and North Africa.
This comes as Egypt led the MENA region in automotive investments in 2025, with 27 projects, followed by Morocco with 23 and the UAE with 15, according to a Fitch Solutions report published earlier this month.
In its Facebook post, the Cabinet stated: “This milestone reflects the government’s pioneering efforts in developing the automotive industry, driven by the state’s AIDP, which aims to increase local value-added to 60 percent and the local component to over 35 percent.”
