Egypt's state-run automaker El Nasr resumes production after 15-year suspension


  • World
  • Sunday, 17 Nov 2024

CAIRO, Nov. 16 (Xinhua) -- Egypt's state-run automaker El Nasr Automotive Manufacturing Company on Saturday resumed production after 15 years of suspension, the Egyptian cabinet said in a statement.

At a ceremony marking the return of the company's production lines, Egyptian Prime Minister Mostafa Madbouly said El Nasr's return is "a strategic decision by the state," and emphasized the vital role of private-sector partnerships in advancing major projects.

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