Lieutenant General Abdel Moneim El-Terras, head of the Arab Organization for Industrialization, said that the car industry in Egypt started since the fifties and had 3 companies for the automobile industry, and currently Egypt has an industrial base not a few for manufacturing cars, buses and microbuses, as well as a large number of software engineers able to support in this industry Large, and enter into the field of automobile industries that operate with electricity or gas, and we hope that Egypt will become a regional center for the auto industry.

On the sidelines of his participation in the Egypt Can Industry Symposium, in the presence of the Ministers of Immigration and Egyptians abroad, trade, industry and military production, Al-Terrace added, saying we welcome the participation of Egyptian experts abroad: “We are ready to participate with you and benefit from your experiences and knowledge. International companies, as the state provided a very large market size for the gas or electric car industry, and all these factors attract international markets. "

In a related context, the terrace emphasized the importance of linking scientific research with industry

The Ministry of Immigration had previously held two virtual seminars within the framework of launching the "Egypt Can Industry" conference. The first symposium was held in late November under the title "Localizing Industry and Supporting Industrial Investment in Egypt". It was for the first time with the participation of international Egyptian economist Baroness Dr. Nemat Shafiq, then the second symposium was held in early December under the title "The future of the textile industry in Egypt", with the participation of a number of Egyptian experts and specialists in the United States of America.