Egypt

The Minister of Military Production receives the Egyptian Ambassador to Morocco to discuss investment opportunities

Engineer Mohamed Salah El-Din Mostafa, Minister of State for Military Production, received Ambassador Ahmed Nehad, Egyptian Ambassador to Morocco, to discuss investment opportunities and aspects of joint cooperation between the two countries, at the headquarters of the Ministry of Military Production in the government district of the New Administrative Capital.

< p>Minister Mohamed Salah began The meeting welcomed the ambassador, and the manufacturing, technical and technological capabilities of the companies and units affiliated with the Ministry were reviewed.

The Minister of State for Military Production stressed the primary role of the Ministry, which is to meet the demands and needs of the armed forces and the police for ammunition, weapons and equipment, in addition to benefiting from surplus The production capabilities of the subsidiary companies to manufacture various civil products at competitive prices and contribute to the implementation of national and development projects in the country.

The Minister explained, "Mohamed Salah " This meeting aims to discuss ways to strengthen bilateral trade and investment relations and open new markets for the products of military production companies in the Moroccan market to support Egyptian exports, as well as attract investments to the Egyptian market in light of the available investment opportunities and the economic reforms that took place in the country during the last period, stressing the interest of the Egyptian state. Expanding to attract more new investments, through investment opportunities and huge projects available in the Egyptian market in various sectors, expressing the Ministry’s welcome to receiving technical delegations of Moroccan companies to visit Military production companies and units to learn about the technological, human and manufacturing capabilities and capabilities they possess and discuss proposed areas of cooperation, adding that these visits represent a fertile field for concluding new strategic partnerships.

 

For his part, the ambassador praised Ahmed Nehad, Egyptian Ambassador to Morocco, plays the role of the Ministry of Military Production, which is the main pillar of military industrialization in Egypt and one of the most important industrial arms in the country by benefiting from surplus The production capacities of its subsidiaries are for the benefit of civil production leading to export abroad.

Nihad confirmed that His keenness to ensure that there is complete coordination between the Ministry and the Egyptian Embassy in Morocco to support bilateral economic and trade relations and to seek to overcome any challenges and to enhance cooperation between the companies of the two sides, by benefiting from the development of economic relations between the two countries and the depth of the good relations that bring together the Egyptian and Moroccan peoples, which gives impetus. Strong to seek to attract more Moroccan investments, adding that he will be keen to invite investors and businessmen in Morocco to visit companies and military production units to learn about their capabilities and identify cooperation topics that can be cooperated on. Its implementation.

The meeting was attended by Engineer Emil Helmy Elias, Vice Chairman of the Board of Directors of the National Military Production Authority and Managing Director, Engineer Mohamed Sherine Mohamed, Supervisor of the Central Administration for the Affairs of the Minister’s Office, and a number of the Ministry’s leaders.

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  • Source of information and images “rosaelyoussef”

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