President Abdel-Fattah El-Sisi met on Thursday with Peter Lürssen, the owner and CEO of German company Lürssen, in Cairo where they discussed the cooperation between the Egypt and the German company in maritime industries, the Egyptian Presidency stated.

According to the Egyptian presidency the meeting also featured discussion of training programs to improve the skills of Egyptian workers as part of the state’s strategy to localize industry and technology.

The meeting was attended by Commander of Egypt's Navy Ahmed Khaled and top navy commanders as well as officials of the German company and its agent in Egypt.

Lürssen is a German shipyard with headquarters in Bremen-Vegesack and shipbuilding facilities in Lemwerder, Berne and Bremen-Aumund. Lürssen designs and constructs yachts, naval ships and special vessels.