The Arab Organization for Industrialization is keen to enhance cooperation and expand partnerships in various industries with all global expertise.

In this context, the discussions of Major General. Engineer Mokhtar Abdel Latif  Chairman  of the Arab Organization for Industrialization, with His Excellency  Mr.Hrachya Poladyan, Ambassador of the Republic of Armenia to Cairo.

During the meeting, the vision of the Arab Organization for Industrialization was presented regarding deepening and increasing the rates of local manufacturing and transferring and localizing technology in many different fields of industry, including training human cadres.

The discussions also dealt with concluding partnerships, by taking advantage of the advanced manufacturing capabilities of the AOI  and the Armenian industry’s expertise in the field of electronic industries, information and communications technology, artificial intelligence, chemicals, the automobile industry, means of transportation, renewable energy, water treatment plants, medical industries, and multiple manufacturing fields.

In this regard, Major General Engineer Mokhtar Abdel Latif explained that the Arab Organization for Industrialization is looking forward to strengthening joint cooperation and increasing investment opportunities and partnerships with major Armenian companies in new industrial fields and implementing development projects, pointing to studying increasing marketing opportunities for joint products in the markets. African and Arab countries.

He added that the Arab Organization for Industrialization seeks to enter into partnerships in order to localize modern technologies in all industrial fields, which is an appropriate opportunity for joint cooperation, pointing out that the AOI  welcomes the visit of major companies and investors in the Republic of Armenia to the units and companies of the Arab Organization for Industrialization, to learn about the available manufacturing capabilities and study ways to strengthen the partnership in Areas of common interest.

For his part, His Excellency, Mr Hrachya Poladyan., Ambassador of the Republic of Armenia to Cairo, explained that the Egyptian market is attractive to Armenian investments and represents strategic importance for the African and Arab region, pointing out the keenness of major Armenian companies and their aspiration to cooperate and conclude partnerships with the Arab Organization for Industrialization, the industrial backbone of the Egyptian state, in all fields of industry.

He stressed that his country has a real desire to expand economic cooperation with Egypt, expressing his readiness to build partnerships in several technological fields during the coming period.