Sissi calls for strengthening local industry

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CAIRO, Aug. 8 (MENA) — President Abdel Fattah El Sisi has once again called for strengthening local industry and boosting technology transfer for sustainable industrial development.

This came during talks he held on Monday with officials from the National Service Projects Organization (NSPO) and Elsewedy Electric Company to improve local production of all components of the industrial process and train Egyptian managers. to manufacturing and maintenance with the aim of generating more jobs. and support the national economy.

Sisi’s instructions came during his meeting with Elsewedy Electric CEO Ahmed El Sewedy, Elsewedy Electric’s chief operating officer for power system projects, and Elsewedy Electric vice president Wael Daoud in presence of NSPO Director General Major General Walid Abul-Magd, Presidential Spokesman Bassam. Rady said.

President Sisi has ordered to ensure that local products are made available in domestic markets at lower prices than their imported counterparts.

The president called for exploring more areas requiring industrial localization, especially those related to infrastructure projects.

The meeting reviewed NSPO’s efforts to strengthen local industry in cooperation with the private sector, particularly in areas related to major national development projects, including modern irrigation systems to reduce costs. import.

The meeting also reviewed efforts to boost local manufacturing of components for water monitoring and smart agriculture systems, particularly those that help calculate the amount of water needed by crops, which increases production and rationalizes the use of water.

The talks also covered efforts to localize the manufacture of grain silos under the National Silos Project. (MENA)

MCH/REE

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