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Polish companies willing to start new joint investment fields in Egypt: Polish ambassador

Labenda’s remarks came in a meeting with Minister of State for Military Production Mohamed Ahmed Morsy, a statement by the ministry said on Tuesday.

Ahram Online , Tuesday 10 Nov 2020
Egyptian military production minister and Poland
Egyptian Military Production Minister Mohamed Morsy receives Poland’s Ambassador to Egypt Michael Labenda
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Poland’s Ambassador to Egypt Michael Labenda said the success of cooperation between companies in both countries enhances the keenness of Polish companies to open new investment fields in Egypt, in light of the remarkable development Egypt has witnessed.

Labenda’s remarks came in a meeting with Minister of State for Military Production Mohamed Ahmed Morsy, a statement by the ministry said on Tuesday.

Labenda praised the military production ministry’s companies, known for competence, accuracy, as well as technological, technical, and human expertise.

He added that these qualities make the ministry’s companies an ideal partner for cooperation with Polish companies in industrial fields, including military and civilian aspects.

During the meeting, Morsy reviewed fields of cooperation existing between Egypt and Poland, including camera surveillance systems, and converting engines to run on natural gas.

He voiced willingness to enhance cooperation in new fields including steelmaking, hydraulic systems, industrial safety equipment, as well as alarm, laser, and fire fighting systems.

Morsy said cooperation with Polish companies constitutes an important opportunity to transfer the industrial technology of these companies to the ministry’s companies.

The minister called for exchanging visits between the companies of the two parties, through sending delegations of engineers and technicians to set the probable cooperation fields.

He also invited Labenda and representatives of Polish companies to attend Egypt's defence expo EDEX in 2021. The expo, which was organised also in 2018, showcases the latest military and security technology, equipment, and systems.

In September, Egyptian Deputy Foreign Minister for European Affairs Badr Abdel-Aati met with Polish officials in Warsaw.

During the meeting, he urged the resumption of talks between the two countries to accomplish a cooperation initiative, and to ink a memorandum of understanding between the Suez Canal Economic Zone and Poland's Katowice Special Economic Zone, with the aim of establishing a Polish industrial zone in Egypt.

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