Lieutenant General "Abdel Moneim El-Terras," Chairman of the Arab Organization for Industrialization, stressed the importance of the developmental role of the organization and its participation in the national projects in the country, stressing the implementation of the directives of President "Abdel-Fattah El-Sisi" to enhance constructive cooperation between state institutions and exploiting the national manufacturing capabilities as it is the best way to achieve comprehensive development.
This came during the signing of a triple Memorandum of Understanding between the Arab Organization for Industrialization and the company Mex Shipping and Delta Company (MSA) for intermediate chemicals, in the presence of Mr. Imad Al-Din Mustafa, Chairman of the Holding Company for Chemical Industries and Major General Engineer Mahmoud Mahmoud Ali al-Sharif, Chairman and Managing Director of the Company for Shipping and Chairman of the Board Delta Chemicals (MSA) for intermediate chemicals
In this regard, the "Terrace" explained that it was agreed to establish a national industrial complex to produce industrial, pharmaceutical and food chemical salts, pointing to the formation of a technical and engineering committee from all parties to accelerate the implementation steps to establish the industrial complex.
"The Terrace" stressed the importance of agreeing to use the latest scientific solutions to create a giant industrial edifice to produce multidisciplinary chemical salts and 100% Egyptian raw materials, taking advantage of the available capabilities and without carrying the state budget any financial burdens, stressing to meet all local needs as a first stage and then open new markets For export to Arab and African countries.
For his part, Professor "Imad Al-Din Mustafa" praised the advanced technological capabilities of the Arab Organization for Industrialization in this field.
Which enables it to separate important elements such as magnesium, potassium, sodium, and other bitter solutions, stressing that this industry needs first large investments and secondly it needs someone who owns the technology, which is what we have already found with the Arab Organization for Industrialization that we will participate in this giant development project.
Major General Eng. Alaa Mahmoud Ali Al-Sharif also praised the Arab efforts for industrialization to deepen local industrialization, transfer and localization of global technology, including what aims the state’s plans to develop the national industry in accordance with modern scientific systems.
The Chairman of the Board of Directors of Delta Intermediate Chemicals Company stated that the Arab Organization for Industrialization has a huge industrial and technological base that enables it to play a vital and influential role in designing and manufacturing products and components that are imported from abroad, which reflects positively on supporting programs to deepen local industrialization.