European Group ambassadors hosted by the Arab Organization for Industrialization

22/11/2021


Today, Lieutenant-General Abdel Moneim Al-Terras, Chairman of the Arab Organization for Industrialization, received a high-level delegation that includes a large group of European Community ambassadors accredited to Egypt, in the presence of Ambassador Dr. Badr Abdel Atti, Assistant Minister of Foreign Affairs for European Affairs.

 

During the visit, the Arab Industrialization strategy and its vision were presented on deepening local manufacturing, transferring and localizing technology in cooperation with global expertise, and the latest ongoing projects in accordance with the standards of the Fourth Industrial Revolution and digital transformation, as well as training human cadres according to the latest modern digital training systems and strengthening smart automated management mechanisms and training. on programmed machines.

 

In this context, the "Terrace" praised the importance of these visits, which are an opportunity to introduce the friendly European countries to the capabilities and products of the Arab Organization for Industrialization as the country's industrial backer for the settlement of technology, manufacturing and development according to the latest global systems, expressing its welcome to the visit of the ambassadors of important European countries, which is a reflection of the strength of the economy The growing Egyptian confidence in the investment climate, security stability, joint investments, increased rates of economic growth and trade exchange between Egypt and the countries of the European continent.

The Terrace also clarified the importance of investing in the depth and strength of relations between Cairo and European countries, and how to benefit from them to enhance joint cooperation in various fields of manufacturing, stressing the implementation of President Abdel Fattah El-Sisi's directives to expand the horizons of partnerships and cooperation with major international companies in implementing development projects and increasing opportunities Investment and realization of Egypt’s vision for sustainable development 2030.

 

The Terrace also pointed to the importance of benefiting from the advanced European technology and industrial capabilities available in the Arab Organization for Industrialization to maximize the proportions of the local component and increase the added value in the local industry, explaining the possibility of enhancing the role of the Egyptian market as a hub for European products to enter the African markets.

 

For his part, Ambassador "Badr Abdel-Aty" stressed that many European countries are constantly looking to enhance cooperation with Egypt in many fields of manufacturing, training and technology transfer, noting that major European companies attach special importance to strengthening cooperation with the Arab Organization for Industrialization in all different fields of industry. .

 

During their inspection of the exhibition of the products of the Arab Organization for Industrialization, the delegation of ambassadors of European countries confirmed that the Egyptian market is attractive to investments, and is of strategic importance to the Arab and African region, praising the Arab Organization for Industrialization, the industrial backer of the Egyptian state and its enjoyment of many serious investments and a promising future, and possibilities that make it establish a new stage of cooperation And create strong opportunities during the next stage