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00:00 We have been preparing for 4 months for the first generation cars
00:08 Because the car is a big car, it needs a special production line
00:18 So we are preparing the production line
00:23 We are planning to start the production of the first generation cars
00:30 And then we will take a bigger step to export the first generation cars to the Middle East
00:37 What is the target of the production of this car in Egypt?
00:40 We want to be the first generation car manufacturer in the Middle East
00:53 We hope to be the first generation car manufacturer
00:57 And we have the base to reach this goal
01:02 How much does the automobile industry invest in the first generation cars?
01:09 We invest more than 100 million dollars in the automotive industry
01:18 In the manufacturing and importation
01:23 You have signed a framework agreement with the Egyptian government
01:27 To manufacture cars in Egypt
01:29 How will this agreement affect the production of cars in Egypt
01:34 And the production of the first generation cars?
01:37 We made the agreement before hearing about this initiative
01:44 But this initiative encouraged us to speed up the manufacturing process
01:51 And to find other commercial signs to convince them to manufacture in Egypt
01:56 Because this initiative has incentives and support
02:00 If the production of the first generation cars is limited
02:08 The emissions will be affected
02:15 There are many details
02:17 But at the end of the agreement
02:22 If you reach the requirements mentioned in the agreement
02:27 The manufacturer will get a lot of support
02:30 Which helps in producing a car with a lower cost than before
02:36 You mentioned BMW
02:39 You started manufacturing cars in Egypt several months ago
02:45 How was the market response?
02:47 And how big were the sales?
02:49 The market response was excellent
02:55 We sold more than 4,000 cars in the first year
03:02 After a long period of time
03:04 It's hard to get back to the same level
03:07 Because you need a lot of things to be re-equipped
03:11 But thanks to God
03:13 We were able to sell more than 4,000 cars
03:16 Of which, 1,500 cars were locally manufactured
03:22 We sold more than 1,500 cars in the first year
03:31 We sold more than 1,500 cars in the first year
03:36 Of which, 1,500 cars were locally manufactured
03:41 We sold more than 1,500 cars in the first year
03:46 Of which, 1,500 cars were locally manufactured
03:51 We sold more than 1,500 cars in the first year
03:56 Of which, 1,500 cars were locally manufactured
04:01 We sold more than 1,500 cars in the first year
04:06 Of which, 1,500 cars were locally manufactured
04:11 We sold more than 1,500 cars in the first year
04:16 Of which, 1,500 cars were locally manufactured
04:21 We sold more than 1,500 cars in the first year
04:26 Of which, 1,500 cars were locally manufactured
04:31 We sold more than 1,500 cars in the first year
04:36 Of which, 1,500 cars were locally manufactured
04:41 We sold more than 1,500 cars in the first year
04:46 Of which, 1,500 cars were locally manufactured
04:51 We sold more than 1,500 cars in the first year
04:56 Of which, 1,500 cars were locally manufactured
05:01 We sold more than 1,500 cars in the first year
05:06 Of which, 1,500 cars were locally manufactured
05:11 We sold more than 1,500 cars in the first year
05:16 Of which, 1,500 cars were locally manufactured
05:21 We sold more than 1,500 cars in the first year