Manufacturing
Prime Minister Mostafa Madbouli examined Tuesday ways of localizing automotive manufacturing in Egypt with the CEOs of General Motors and Mansour Group.
The official also indicated that number of industrial establishments currently operating there.
Zakaria underlined that some of the industrial zones Egypt is establishing near seaports are aimed at localizing certain industries.
One of the 19 new private universities began operation in 2021.
Prime Minister Mostafa Madbouli held Tuesday a meeting in Cairo with CEO of the African Funding Corporation (AFC) Samaila Zubairo and the accompanying delegation.
Minister of Local Development, Mahmoud Shaarawy, announced the allocation of about LE19.8 billion to implement the governorates' investment plan during fiscal year 2022-2021.
That is in collaboration with GE Digital.
They will also launch a digital platform presenting investment opportunities in the sectors of priority as well as the investment legislations of each African state.
Egypt recorded a growth rate of about 2.9 percent during the third quarter of FY 2020/2021.
In that context, the president affirmed that South Korea is a development partner and that the government looks forward to establish a strategic partnership with the company.
Khalifa urged the 3.7 million Egyptian private enterprises – employing 25 million workers - to take benefit of the 11 MoUs signed by both countries on April 19.
President Abdel Fatah al-Sisi held a meeting Sunday to determine the executive status of establishing an integrated system for prosthetics production.
A study conducted by the Egyptian Center for Strategic Studies (ECSS) indicates that industrial exports rose by 60 percent between 2008 and 2019.
The government is also working on another large textile enterprise.
Egypt’s Minister of Planning and Economic Development Hala El-Said received Saturday Matsunaga Hideki, Director General of the Japanese International Cooperation Agency (JICA) for Europe and the Middle East region.
President Abdel Fatah al-Sisi is checking Tuesday the harvest of crops cultivated within the New Delta national project located in the Western Desert.
The units are located in the industrial SME's complexes, particularly B and C spanning over six million square meters southern the city.
The Ministry of State for Military Production started manufacturing a 100-percent Egyptian multi-barrel machine gun at Military Factory 300.
Maghawry added that the sector’s contribution to the proportion of its employees increased during the first quarter of 2020 to about 12.8 percent compared to 12.1 percent during the same period of 2019.
State Minister for Military Production Mohamed Ahmed Morsi met on Tuesday with the Polish ambassador to Cairo.
