Egypt and Toyota Tsusho discussed on Sunday how the giant Japanese company can contribute to the government\u2019s plans to manufacturing natural gas-powered microbuses.<\/p>\n
During his meeting with President and CEO of Toyota Tsusho Mr. Ichiro Kashitani, Prime Minister Mostafa Madbouli emphasized Egypt\u2019s keenness to best utilize its resources by reducing diesel exports\u2019 expenses and transferring diesel-fueled vehicles to natural gas-powered ones or to bi-fuel vehicles that are capable of running on two fuels (natural gas and gasoline) through offering payment facilities.<\/p>\n
Mabdouli further stressed that the transfer process needs to be implemented through manufacturing companies that working on Egypt\u2019s soil, in order to enhance local manufacturing, and transfer expertise, according to a cabinet press statement about the meeting. He also ensured that the government is serious in its plans to implementing the transfer process through providing funding programs and incentives to encourage owners of old microbuses.<\/p>\n
These ambitions go the lines with the government\u2019s latest unveiled plan in August, aiming to turn 50,000 vehicles into gas-powered annually.<\/p>\n
Mabdouli also stressed the government\u2019s readiness to discuss the details of the implementation of the program and accelerate the process according to a specific schedule.<\/p>\n
For their part, Toyota Tsusho delegation presented their proposal of \u201cmanufacturing high quality microbuses in a way that will meet the Egyptian government\u2019s converting the fuel-powered vehicles.\u201d<\/p>\n
In a previous interview with Business Today Egypt magazine, Toyota Tsusho Kashitani explained his company\u2019s strategy about using diversified fuels, based on the global trend to electrification, while maintaining an environment-friendly technology.<\/p>\n
\u201cIn order to realize the fuel transfer plan by government, natural gas field development would be necessary to be accelerated and we are ready to support it by expansion of the offshore rig project as referred above,\u201d Kashitani added during the interview.<\/p>\n
Egypt Today<\/p>\n","protected":false},"excerpt":{"rendered":"
Egypt and Toyota Tsusho discussed on Sunday how the giant Japanese company can contribute to the government\u2019s plans to manufacturing natural gas-powered microbuses. During his meeting with President and CEO of Toyota Tsusho Mr. Ichiro Kashitani, Prime Minister Mostafa Madbouli emphasized Egypt\u2019s keenness to best utilize its resources by reducing diesel exports\u2019 expenses and transferring […]<\/p>\n","protected":false},"author":40,"featured_media":147403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[2484,50817,17798,15367,50816],"class_list":["post-147402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-egypt","tag-ichiro-kashitani","tag-mostafa-madbouli","tag-toyota","tag-tsusho"],"yoast_head":"\n