Lieutenant-General Abdel Moneim El-Terras, Chairman of the Arab Organization for Industrialization, and Mr. Marcus Muller, Chairman of the German International Toennjes Middle East International Company, witnessed - via video conference technology - the signing of a partnership and cooperation contract to establish the Arab German Company for the manufacture of secure traffic metal panels.
In this regard, the "Terrace" stressed the importance of implementing the directives of President "Abdel Fattah El-Sisi" to enhance investment opportunities, deepen local manufacturing, transfer and indigenize modern technology in the manufacture of metal traffic panels secured in partnership with international companies specialized in this field.
The "Terrace" explained that the German Arab Company is a new industrial edifice that provides many job opportunities for young engineers and technicians and training on the latest technology for manufacturing traffic metal panels secured for all types of vehicles and various means of transport according to the standards of the Fourth Industrial Revolution, praising cooperation with Toennjes, which is one of the major International companies specialized in the manufacture of metal panels for secure traffic.
He added that the agreement includes procuring the latest German-made machines and production lines with modern digital manufacturing technologies that are compatible with the intelligent transport system.
Al-Terras clarified that with this cooperation, the Arab Organization for Industrialization aims to meet all the needs of the Ministry of the Interior of metal traffic panels secured in accordance with international quality standards and expand in the future for export to the Arab and African countries.
For his part, Mr. Marcus Muller explained that the signing of this agreement confirms the pivotal role that the Arab Organization for Industrialization plays in introducing the latest production technologies and developing them in accordance with international quality standards.
Molar also stressed the importance of a partnership contract with the Arab Organization for Industrialization to meet the needs of the Egyptian Ministry of Interior for secured traffic metal panels and export to the Arab and African region, praising the manufacturing and human capabilities of the Arab Organization for Industrialization