Sisi calls for enhancing local industry in Egypt

MENA , Monday 8 Aug 2022

President Abdel Fattah El-Sisi has once again called for strengthening the local industry and boosting technology transfer for sustainable industrial development.

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President Abdel-Fattah El-Sisi in his meeting on Monday (Photo : Egyptian Presidency)

 

This came during talks he had on Monday with officials of the National Service Projects Organization (NSPO) and El-Sewedy Electric Company to enhance the local production of all components of the industrial process and train Egyptian cadres in manufacture and maintenance in a bid to generate more jobs and support the national economy.

El-Sisi's instructions came during his meeting with El-Sewedy Electric CEO Ahmed El-Sewedy, Chief Operating Officer at El-Sewedy Electric for Power Systems Projects, and Vice President of El-Sewedy Electric Wael Daoud and in the presence of NSPO Director General Major General Walid Abul-Magd, Presidential Spokesman Bassam Rady said.

President El-Sisi ordered to ensure that local products are to be made available in the domestic markets at prices less than their imported counterparts.

The president called for exploring more fields that need industrial localisation, especially those that are related to infrastructure.

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

The meeting also reviewed efforts to boost local manufacturing of components of water control systems and smart farming, particularly those which help in calculating the quantity of water needed by crops, a matter which increases production and rationalises the use of water.

Talks also tackled efforts to localise the manufacture of grain silos within the framework of the National Project of Silos.

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