Talks between officials and GM executives focused on increasing production capacity, boosting exports, and expanding the company’s investment footprint in Egypt, according to a statement from the Ministry of Investment and Foreign Trade.
The ministry is preparing an export incentives framework to use Egypt as a base for supplying African and Middle Eastern markets, and plans to coordinate with GM to scale up industrial exports.
GM is preparing to introduce new models and expand output to meet local demand, while upgrading manufacturing processes, including the use of robotics and advanced production systems.
The plans were discussed at a meeting between Investment Minister, Mohamed Farid, and the Chairman and Managing Director of GM Egypt and Africa, Sharon Nishi.
GM has invested more than $530 million in Egypt to date, including around $50 million in production systems incorporating automation technologies, and has signalled interest in further expansion.
The push comes as Egypt reviews its National Industrial Strategy and considers new incentives for the automotive sector as part of a broader effort to expand domestic manufacturing and attract foreign investment.
Officials are working on policies to increase local production and reduce reliance on imports, including raising the local content ratio in some vehicle models to more than 60 percent and expanding the share of domestically produced components.
The government is targeting annual vehicle production of around 100,000 units, alongside plans to increase the share of local industrial inputs to more than 35 percent.
A committee including representatives from the ministries of industry, finance, investment, and foreign trade, as well as the Supreme Council for Automotive Industry, is reviewing sector data and policy measures under the National Automotive Industry Development Programme (AIDP).
The strategy forms part of wider economic targets that include attracting $24.6 billion in annual foreign direct investment and increasing non-oil exports by 15 to 20 percent a year.
Egypt’s car market has shown signs of recovery after a prolonged downturn. Local vehicle sales rose 37.2 percent year on year in December 2025 to 17,812 units, while total sales for the year climbed 69.9 percent to 173,763 units, up from 102,249 in 2024.
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