Miscellaneous

Military production minister, MAXAM company probe cooperation in producing explosives

State Minister of Military Production Mohamed Salaheldin Moustafa discussed with director general of the Spanish company of MAXAM and his accompanying delegation cooperation in the field of explosives production.

During the meeting, Moustafa asserted the keenness of the Ministry of Military Production on boosting cooperation between its companies and the Spanish companies in the different domains to achieve strategic partnership that benefits both sides.

Moustafa said that his meeting tackled aspects of cooperation between Abu Zaabal Company for Specialized Chemicals (Factory 18) and MAXAM company to study establishing a specialized company in the field of producing explosives.

The ministry is open to the international markets to cooperate with all the specialized companies in the industrial fields to transfer and localize modern manufacturing technology, Moustafa said.

The Egyptian state is keen on providing a climate that attracts more investments of intentional companies to increase their activities in Egypt, he said.

The director general of MAXAM company lauded the developments that took place recently in Egypt at the different domains in addition to the stability witnessed due to the efforts exerted to combat terror and improve the security condition.

Source: State Information Service Egypt