Agreement of the Arab Organization for Industrialization and Hill International Company

Major General , Engineer "Mokhtar AbdelLatif", Chairman of the Arab Organization for Industrialization, stressed the implementation of the directives of President "Abdel-Fattah El-Sisi" to push the wheel of local manufacturing and exploit national manufacturing capabilities to deepen local manufacturing, transfer and localize modern technology and work to reduce imports, which contributes to increasing value added. for Egyptian products.

This came during the signing of a contract between Arab Industrialization and Hill International to start the executive steps for managing the project of a factory for the production of vehicle tires of all kinds, including passenger cars, transport, buses, agricultural tractors, monorails and heavy equipment, under the slogan "Made in Egypt".

In this regard, Mokhtar AbdelLatif explained that this industrial project is a step on the right path to promote this type of local investment, so that Egypt becomes a regional center for the manufacture of car tires to achieve self-sufficiency for the Egyptian market according to international quality specifications, as well as open new markets for export to countries. African and Arab, which is reflected positively on the provision of foreign currency and the strengthening of the Egyptian economy. He added that all executive steps are being taken to establish the factory, explaining that this cooperation provides many job opportunities for young engineers and technicians and training on the latest technology according to the standards of the Fourth Industrial Revolution.

For his part, Engineer Walid Abdel Fattah, Senior Vice Chairman and Managing Director for North Africa, expressed his appreciation and pride in cooperating with the Arab Organization for Industrialization, the industrial back-up of the Egyptian state, to localize the technology of manufacturing vehicle tires of all kinds, explaining that Hill International is keen to promote Cooperating and providing all technical advice to manage the tire manufacturing project according to the latest manufacturing and economic management systems for industrial projects.