Major General. Engineer Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization, stressed the implementation of the directives of President Abdel Fattah El-Sisi to strengthen partnerships with specialized global expertise, to localize modern manufacturing technology and enhance the state’s plan to increase local manufacturing rates and produce national products under the slogan “Made in Egypt"".
This came during the signing of a memorandum of understanding between the Arab Organization for Industrialization and the company
In this regard, Major General. Engineer Mokhtar Abdel Latif explained that areas of cooperation include localizing the technology of manufacturing various natural gas connections for all uses, including transitional gas and water connections used in transporting natural gas and water within cities, gas and water networks, gas organizations, and all related industries. In this industry, providing advanced national products suitable for all uses, and meeting the needs of all housing projects, industrial entities, and comprehensive development plans, indicating the agreement to train engineers and technicians working in the AOI on the latest manufacturing techniques, in accordance with the latest technologies of the Fourth Industrial Revolution.
He pointed out that it was agreed to increase the percentage of the local component, to save the costs of importing the components involved in this technologically advanced industry, pointing out the agreement to benefit from the materials and equipment produced by The AOI, to design and manufacture the technology components of this industry, in accordance with international quality standards and at competitive market prices.
He added that the Arab Organization for Industrialization is keen to establish fruitful strategic partnerships, and looks forward to cooperating with the international Italian company, in many other industries of common interest, to meet the needs of the local market with joint products, as well as exporting to African and Arab countries and the Middle East.
For his part, Mr. Pietro Piombo, Chairman of the international Italian company Recanati Europe, expressed his pride in cooperating with the Arab Organization for Industrialization, the industrial backbone of the Egyptian state, stressing that the Egyptian market is attractive for investments, promising and of strategic importance to African and Arab countries and the Middle East.
He added that we look forward to enhancing areas of cooperation with the AOI in various industrial fields, praising the Arab Industrialization plan to develop manufacturing mechanisms in accordance with the latest digital manufacturing systems.