Signing a memorandum of understanding to enhance cooperation between the AOI and The largest Chinese companies

Successful and ongoing steps taken by the Arab Organization for Industrialization to localize technology, increase local manufacturing rates, reduce imports and increase added value in various industries, in addition to attracting investments in partnership with major international companies.
Among these steps was the signing of a memorandum of understanding between the Arab African Company for Medical Industries, affiliated with the Arab Organization for Industrialization, which is headed by Major General Ayman Moussa, Chairman of the Company’s Board of Directors,
And the Chinese company XINGAOYI MEDICAL EQUIPMENT CO. LTD. (XGY)
Obtained European quality certificates.

In this context, Major General. Engineer Mokhtar Abdel Latif expressed his appreciation and pride in this cooperation with the Chinese company XINGAOYI MEDICAL EQUIPMENT CO. LTD. (XGY), praising its technical expertise in manufacturing medical devices.

He explained that areas of cooperation include localizing technology and increasing the proportion of local manufacturing in the field of manufacturing CT scan devices, magnetic resonance imaging, and ultrasound systems according to the needs of the local market, as well as training engineers and technicians working at the AOI on the latest manufacturing techniques, according to the latest technologies.
He added that the Arab Organization for Industrialization is keen to establish fruitful strategic partnerships, and looks forward to enhancing cooperation with the Chinese company, in developing and manufacturing various medical devices to meet the needs of the local market, as well as exporting to African and Arab countries.

For his part, Dr. Tong Chun Guang, Deputy General Manager and Assistant President of XINGAOYI MEDICAL EQUIPMENT CO. LTD. (XGY) expressed its pride in cooperating with the Arab Organization for Industrialization, pointing to its distinction in completing all areas of cooperation with the required efficiency, the highest levels of quality, speed in implementation and delivery at the specified times, as well as after-sales service.
He added that this cooperation will represent a great addition to the Egyptian economy, especially since we will work to design and manufacture these devices with Egyptian thought and creativity and with the national manufacturing capabilities of the Arab Organization for Industrialization, which contributes to achieving sustainable development and various development projects.