Egypt's Military Production Minister Mohamed El-Assar on Saturday met with Sergio Fiorani, chairman of the Italian Unical company, and his accompanying delegation, to discuss promoting cooperation between the two countries.
The meeting dealt with the human, technical, technological and production capabilities of the Ministry of Military Production’s affiliated companies.
El-Assar said that the ministry aims to enhance cooperation between its companies and their Italian counterparts, particularly Unical, in all fields, to achieve strategic partnership to serve both sides.
They discussed means to open new horizons of cooperation with Unical in the field of boiler production.
The two sides also reviewed promising opportunities to establish a fruitful industrial partnership, under the ministry’s strategy to draw on the advanced technological expertise of international companies and institutions.
Fiorani highlighted the 50-year experience and high-quality products of Unical which produces boilers, thermal units, stoves and solar panels and it is a leading Italian company in the heating, solar, photovoltaic and air conditioning systems sector, saying that Egypt is a gateway for Middle Eastern and African markets.
He voiced his company’s desire to establish investment projects in Egypt, praising its recent economic reforms and regulations that have created a suitable climate for investment.
At the end of the meeting, invitations were sent to both the Egyptian and Italian sides to visit the other's companies.