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Industry Minister and AOI Chief Discuss Strategies to Boost Local Manufacturing

Cairo: Chairman of the Arab Organization for Industrialization (AOI) Mohamed Abdel Fattah Abu Bakr held talks with Minister of Industry Khaled Hashem on the AOI's manufacturing capabilities and its role as an industrial backbone for the Egyptian state.

According to State Information Service Egypt, the discussions focused on the AOI's extensive expertise in various defense and civilian industrial sectors. The talks highlighted its role in designing and manufacturing products and components that are currently imported, aligning with international quality standards to meet the needs of industrial sectors.

The Industry Minister's visit to the AOI is part of the state's ongoing efforts to implement Egypt's Vision 2030 for Sustainable Development. This initiative aims to maximize the utilization of available manufacturing and production capacities across civilian industrial sectors in partnership with the AOI. The cooperation seeks to deepen local manufacturing, localize technology, and fulfill domestic market needs, thereby increasing the added value of national industry, reducing imports, and boosting exports.

During the meeting, Abu Bakr expressed his readiness to pursue serious and constructive cooperation with the Ministry of Industry on joint projects. He emphasized the importance of executing President Abdel Fattah El Sisi's directives to accelerate targeted manufacturing plans and projects, aligning with the state's strategy to enhance local manufacturing and technology localization.

Minister of Industry Khaled Hashem recognized the AOI as one of Egypt's longstanding industrial institutions and a strategic pillar in achieving the state's objectives. He highlighted the AOI's engineering capabilities and advanced production lines, which are equipped to adapt to the latest global industrial developments. This makes the organization a key partner for the Ministry in implementing plans for comprehensive and sustainable development.

Hashem also commended the AOI's efforts to increase local manufacturing rates and localize technology across various sectors. He noted that collaboration with the AOI presents promising opportunities to strengthen the link between scientific research and industrial applications, expand private sector partnerships, and enhance the competitiveness of Egyptian products in regional and international markets.

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