Major General. Engineer Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization, stressed the implementation of President Abdel Fattah El-Sisi’s directives to strengthen partnerships with major international specialized companies, open new areas of investment, localize modern technology, reduce imports, and increase added value in various industries with 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 Kiriazor Holding Group of Companies - Hamdan Industries.
In this context, Major General. Engineer Mokhtar Abdel Latif expressed his appreciation and pride in this cooperation with Kiriazor Holding Group - Hamdan Industries, noting that The AOI is looking forward to enhancing cooperation with major international companies in all different fields of industry, especially in light of the availability of an attractive and promising climate for investments ,that Egypt is currently witnessing , in addition to the fact that The AOI enjoys flexibility provided by its international regulations.
The Chairman of the Arab Organization for Industrialization explained that the areas of cooperation agreed upon included discussing the establishment of a joint company to collect and recycle electronic and chemical waste, indicating that the AOI is keen to establish fruitful strategic partnerships, and looks forward to enhancing cooperation with the Kiriazor Holding Group of Companies - Hamdan Industries, in developing smart integrated solutions to recycle all Types of electronic waste from all government institutions and the private sector, as well as environmental protection and green economy projects, in accordance with Egypt’s vision for sustainable development 2030, pointing to work to enhance joint marketing for the export of raw materials resulting from recycling operations to brotherly and friendly Arab and African countries.
For his part, Engineer Khaled Mohammed Al-Hamzawi, Managing Director and Chairman of the Kiriazor Holding Group of Companies - Hamdan Industries, expressed his appreciation for this cooperation with the Arab Organization for Industrialization, which has a pioneering historical role that we are proud of in all fields of industry since its founding, indicating that we aim with this The agreement concluded long-term joint partnerships in many different fields of industry, through cooperation with the Arab Organization for Industrialization, the industrial backbone of the Egyptian state, praising the AOI ’s commitment to all international quality standards and its distinguished experience in implementing various industrial and economic development projects.
He added that this cooperation will represent a great addition to the Egyptian economy, especially since we will work to design and manufacture advanced smart systems for recycling electronic waste with Egyptian thought and creativity and with the national manufacturing capabilities of the Arab Organization for Industrialization, which contributes to achieving sustainable development and various development projects, in addition to recycling chemical waste and producing products that are Industrial use of it.