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#Germany

German automotive giant Volkswagen is showing interest in entering a joint venture to establish a production facility in the East Port Said industrial zone, the company’s Chairperson and Managing Director in Africa, Martina Biene, told Asharq Business on 30 June. The production facility is supposed to enable different original equipment manufacturers to work under the same facility, with manufacturers requiring only to set up separate body shops. “It is a really interesting partnership because what Egypt and East Port Said…