FINANCIAL NEWS

AMIC, EAMA, EAC to follow Egypt Auto motive’s references

22 Dec 2015

(MENAFN) The Automotive Marketing Information Council (AMIC), Egyptian Automobile Manufacturers Association (EAMA) and Egyptian Automotive Council (EAC) will follow Egypt Auto motive’s .

Between the most projecting recommendations was the need to invite new investments to the manufacturing sector and feeder industries.

In addition, it was suggested to work on raising exports and minimizing imports by growing the volume of production in regional factories, working on the improvement of feeder industries.

The recommendations also included mechanism in order to save hard currency, reconsidering dollar priorities for each part and improving a renewal plan for old cars in assistance with global firms.

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