The AOI Enhances Cooperation and Exchange of Expertise with Private Sector Companies And Signs a Memorandum of Understanding with Madkour Projects

 

The Arab Organization for Industrialization is keen to strengthen partnerships with major private sector companies, with the aim of localizing the latest technologies and increasing added value in various industries, in line with Egypt's Vision 2030 for Sustainable Development.

 

In this context, a Memorandum of Understanding was signed between the Arab Organization for Industrialization and Madkour Projects.

 

During the signing ceremony, Major General Eng. Mokhtar Abdel latif, Chairman of the Arab Organization for Industrialization, expressed his appreciation for the cooperation with Madkour Projects, emphasizing the importance of this cooperation, industrial integration, and exchange of expertise in the implementation of El Dabaa Nuclear Power Plant  .

He emphasized its positive impact on national industry and the Egyptian economy, as well as its ability to reduce imports, in line with international quality standards.

 

He explained that the Arab Organization for Industrialization has the advanced manufacturing capabilities and qualified human resources to participate in this ambitious project and achieve self-sufficiency in nuclear energy for peaceful uses, including electricity generation and water desalination, meeting the needs of the local market, in addition to exporting to regional and global markets.

 

For his part, Dr. Mustafa Madkour, Chairman of Madkour Projects, expressed his pride in cooperating with the Arab Organization for Industrialization, the industrial backbone of the Egyptian state, distinguished by its outstanding expertise in various energy fields.

He added that this cooperation will represent a significant addition to the Egyptian economy and realize the Egyptian dream in the field of nuclear energy, utilizing the thinking and creativity of Egyptian minds and the distinguished manufacturing capabilities of the Arab Organization for Industrialization, in accordance with the standards of the Fourth Industrial Revolution.

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