An agreement for cooperation between the Arab Organization for Industrialization and the General Authority for the Suez Canal Economic Zone

Lieutenant general Abdel Moneim El-Terras, Chairman of the Arab Organization for Industrialization and Engineer "Yahya Zaki", President of the General Authority for the Economic Zone of the Suez Canal, signed a framework agreement for partnership and cooperation between the two sides.

   This agreement is a new step for integration between the two bodies and to benefit from the economic advantages and incentives of the economic zone, and the experience of Arab Industrialization as the locomotive of the national strategic industries that serve the goals of comprehensive development.

In this regard, "The Terrace" indicated that this cooperation aims to open new fields for important strategic industries in cooperation with specialized international companies to meet the demands of the local market and export to African and Arab countries, explaining that these projects will provide many job opportunities for young engineers, technicians and training on the latest Technology by the standards of the Fourth Industrial Revolution.

For his part, engineer "Yahya Zaki" announced that signing this agreement is a step on the right path to promote such local investments and provide national products to global markets, pointing to the importance of bilateral cooperation with the Arab Organization for Industrialization in such fields because of its advanced technological ingredients and human labor. Trained at the highest levels, which contributes to the arrival of these local products to international markets and export to neighboring countries, especially African countries.