Egypt working on entrenching local industry, securing production inputs: PM

MENA , Sunday 3 Apr 2022

Prime Minister Mostafa Madbouly said on Sunday that the government gives top priority to industrial development by facilitating all the measures necessary for creating more industrial investments in various domains.

Egypt s PM Mostafa Madbouly in his meeting on Sunday with Minister of industry and trade Nivine Gamae

Madbouly made his remarks during a meeting in Cairo with Minister of Trade and Industry Nevine Gamea to discuss the ministry's efforts entrenching local industry and securing production inputs, in cooperation with the Federation of Egyptian Industries (FIE) and Chambers of Commerce.

As part of the ministry's efforts to support small and medium-sized enterprises (SMEs), the Egyptian Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed a memorandum of understanding (MoU) with Amazon Egypt to help SME owners market their products, the minister said.

Gamea also highlighted the agency's commitment to supporting handicrafts and heritage enterprises that reflect Egypt's identity and offer modern products that appeal to different tastes.

Briefing the premier on the results of Egypt's participation in EXPO DUBAI 2020, Gamea said that the Egyptian pavilion had attracted over 1.5 million visitors from all over the world over the past six months.

The meeting also tackled the results of the ministry's talks with foreign delegations to probe cooperation in March.

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