Successful steps according to a clear vision adopted by the Arab Organization for Industrialization to attract investments and enhance cooperation with major global expertise in various manufacturing fields.
In this context, Major General. Engineer "Mokhtar Abdel Latif" Chairman of the Arab Organization for Industrialization met with H.E. Mr. Georg Pöstinger
The Austrian Ambassador to Egypt , and the accompanying delegation.
During the meeting, the vision of the Arab Organization for Industrialization was presented regarding the importance of investment, deepening and increasing local manufacturing rates, transferring and localizing technology, including training human cadres according to digital manufacturing mechanisms.
The discussions also included discussing the benefit from the advanced manufacturing capabilities of the Arab Organization for Industrialization and the distinguished expertise of the Austrian industry in the field of manufacturing cars, railways, environmentally friendly means of transportation, electronics, digital transformation, software, communications, information technology, renewable energy, water treatment plants, smart meters, medical industries, furniture and various manufacturing fields.
In this regard, Major General Engineer "Mokhtar Abdel Latif" explained that the Arab Organization for Industrialization is looking forward to enhancing joint cooperation and increasing investment and partnership opportunities in new industrial fields, noting that it welcomes cooperation with Austrian companies wishing to invest and expand in Egypt as a gateway to the Middle East, African and Arab markets.
He added that the Arab Organization for Industrialization enjoys the flexibility provided by its international regulations and enables it to achieve international partnerships in all areas of manufacturing.
For his part, H.E. Mr. Georg Pöstinger The Austrian Ambassador to Egypt , stressed that the Egyptian market is attractive to Austrian investments and constitutes a strategic importance for the African and Arab region, expressing his aspiration for the importance of inviting major companies and investors in Austria to inspect the factories and companies of the Arab Organization for Industrialization, the industrial backbone of the Egyptian state, to discuss benefiting from the great investment capabilities in the organization, which contributes to increasing the volume of targeted trade exchange between the two countries during the coming period, which would contribute to establishing promising industrial partnerships and opening up investment horizons, exchanging expertise and integration between the two sides.