Major General. Engineer "Mokhtar Abdel Latif", Chairman of the Arab Organization for Industrialization, Ambassador "Kim Yong -Hyon", Ambassador of the State of South Korea in Cairo.

During the meeting, the vision of the Arab Organization for Industrialization was presented regarding deepening and increasing the rates of local manufacturing, transfer and localization of technology in many different fields of industry, and emphasizing that the organization enjoys many competitive advantages that enable it to accomplish all areas of cooperation and export to African and Arab countries.

The talks also dealt with discussing partnerships by taking advantage of the manufacturing capabilities of Arab Industrialization and the expertise of the South Korean industry in many fields, including the automobile industry, subway vehicles, environmentally friendly transportation, electronics, digital transformation, software, communications, information technology, renewable energy, water treatment plants, and the manufacture of station membranes. Seawater desalination, medical industries and multiple manufacturing fields.

In this regard, Major General., Engineer Mokhtar Abdel Latif, explained that today's meeting with the Korean ambassador in Cairo was positive, as the Arab Organization for Industrialization is looking forward to strengthening joint cooperation and partnership and increasing investment opportunities with major South Korean companies in new industrial fields, pointing out that The Arab Organization for Industrialization strongly welcomes entering into real partnerships

With flexibility provided by its international regulations.

He added that it was agreed to study a number of issues of common interest to discuss the possibility of implementing them by taking advantage of the advanced manufacturing capabilities of the authority.

For his part, Ambassador "Kim Yong- Hyon" of South Korea in Cairo stressed that the Egyptian market is attractive to Korean investments and constitutes strategic importance for the African and Arab regions, pointing to the keenness of major Korean companies and Korean businessmen and their aspiration to cooperate and establish partnerships with the Arab Organization for Industrialization, the industrial backbone. To the Egyptian state, in all fields of multiple industry. Especially that there is a distinguished and historical cooperation between the Arab Organization for Industrialization and major Korean companies in many fields of industry