Cairo: Prime Minister Mostafa Madbouli affirmed that the state places industrial development, technology, and innovation at its top priorities during the current phase. Madbouli explained that the state takes such steps since these areas play an important role in contributing to achieving development and economic growth, creating both direct and indirect job opportunities, reducing dependence on imports, enhancing local content, boosting exports, and strengthening the competitiveness of Egyptian products abroad. These sectors also play a vital role in empowering start-ups and supporting other aspects that serve the national economy.According to State Information Service Egypt, the premier's remarks came during a tour in the 10th of Ramadan City, where he witnessed the inauguration of the first factory of BSH company, which is owned by the German "Bosch" Group, in Egypt and Africa. It is also scheduled that the premier will witness the inauguration of the largest e-commerce logistics warehouse for "Jumia," a leading African technology and e-commerce company, located on the Suez Road.The premier was accompanied by Sherif elSherbiny, Minister of Housing, Utilities, and Urban Communities, Hazem el Ashmouny, Governor of Sharqia; Hossam Heiba, CEO of the General Authority for Investment and Free Zones; and Ibrahim el Segini, Head of the Consumer Protection Agency, along with several BSH Egypt executives. Madbouli explained that in line with the state's keenness to upgrade the industrial sector and its efforts to enhance private sector investments, an urgent plan has been drawn up based on the directives of President Abdel Fattah El Sisi to make use of Egypt's capabilities and resources that qualify it to become a regional and global industrial and logistical hub.