Thu, 07 Jan 2021 - 10:19 GMT
File- New Minister of Military ProductionMajor General General Engineer Mohamed Ahmed- Creenshot of a video
CAIRO - 7 January 2021: State Minister for Military Production Mohamed Ahmed Morsi has witnessed the signing of a joint protocol of cooperation between Helwan Company for Engineering Industries (Factory 99) and Allweiler-Farid Hassanein Pumps at the ministry.
The protocol aims at establishing a factory at the headquarters of Helwan company to move quality production lines to help Allweiler company manufacture pumps used in agriculture, irrigation, drainage and water stations with different capacities.
Morsi said the Private Sector is always cooperating as an important partner in implementing several national mega projects.
The Egyptian economy is based on the cooperation of both the Private Sector and the state institutions, he said, adding the military production is adopting a certain strategy for localizing industries in cooperation with foreign partners and the Egyptian private sector in a move meant to promote the industrial field.
For his part, Board Chairman of Allweiler Hassan Farid Hassanein stressed the company is ready to transfer its state-of-the-art technology in pump industry to military production companies