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صدى البلد
PM Meets Toyota Tsusho Leader
The article reveals the Egyptian government's efforts to strengthen cooperation with the Japanese Toyota Tsusho Group, particularly in the automotive, clean energy, and renewable sectors. Officials noted that the group has a strong presence in the Egyptian market, with plans to expand its investments and locally manufacture new vehicles. Additionally, there are projects in electricity generation and renewable energy, with investments amounting to $2.4 billion and a capacity of 6,262 megawatts. The group's plans also include supporting industry localization through technical training, increasing domestic content, improving infrastructure, and enhancing Egyptian exports. These initiatives are part of the robust strategic relationship between Egypt and Japan, which was elevated in 2023 to the level of a strategic partnership.
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