Cairo – Mubasher: Master Gas, a subsidiary of the listed TAQA Arabia, recently teamed up with mobility technology platform DiDi Egypt through a groundbreaking partnership aimed at promoting the use of compressed natural gas (CNG) among drivers in Egypt.
The partnership introduces a range of financial benefits and loyalty programmes designed to incentivise DiDi Egypt’s drivers to adopt CNG technology, marking a significant step towards sustainable transportation in the rapidly evolving mobility sector in Egypt, according to a press release.
Under the terms of the agreement, DiDi Egypt’s drivers will gain access to natural gas conversion kits available through Master Gas conversion centres. The initiative offers flexible payment options, including attractive instalment plans, making the transition to CNG more accessible for drivers as the average cost savings when using it is about 20%.
General Manager for DiDi in Egypt and ANZ, Lida Xu, said, “Our partnership with Master Gas aligns perfectly with DiDi Egypt’s commitment to sustainable mobility solutions. By offering our drivers affordable access to CNG technology, we’re not only helping them significantly reduce operational costs, but also taking a tangible step toward a greener, more sustainable future for the country.”
The partnership also provides flexible and accessible payment options for CNG conversion, enabling drivers to choose a plan that best suits their financial needs with long-term benefits.
From his part, TAQA Gas Managing Director, Tarek El-Hawary, said: “This partnership offers mutual benefits, as Master Gas will utilize its extensive experience and infrastructure to support DiDi Egypt while benefiting from DiDi Egypt’s strong engagement with drivers.”
It is worth noting that during the first nine months (9M) of 2024, the parent company TAQA Arabia generated a net profit of EGP 424.87 million as well as revenue worth EGP 13.12 billion.