Egypt, Mitsubishi discuss joint cooperation in auto industry

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Tue, 04 Feb 2020 - 03:14 GMT

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Tue, 04 Feb 2020 - 03:14 GMT

The logo of Mitsubishi Corp is pictured at its head office in Tokyo, Japan August 2, 2017. REUTERS/Kim Kyung-Hoon - RC1E7B85B0E0

The logo of Mitsubishi Corp is pictured at its head office in Tokyo, Japan August 2, 2017. REUTERS/Kim Kyung-Hoon - RC1E7B85B0E0

CAIRO - 4 February 2020: Chairman of the Arab Organization for Industrialization Abdel Monem El Tarras on Tuesday had talks with a delegation of Mitsubishi Corporation on means of boosting joint cooperation.

He noted that his organization is working for expanding cooperation and partnership with major international companies for increasing investments in Egypt.

The talks took up means of enhancing cooperation in the field of auto manufacturing and environment-friendly means of transport.

He underlined the necessity of pumping new investments in the car industry in Egypt and honing the skills of workers in this sector.

Meanwhile, Mitsubishi chairman Takehiko Kakiuchi praised the Egyptian government's incentives to businessmen working in Egypt.

He expressed hope for more cooperation in the field of technology settlement in Egypt.

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