AfricaEconomics

AOI is looking Partnership with Japan

The Arab Organization for Industrialization receives the Japanese ambassador lieutenant general, Abdel Moneim El-Terras, Chairman of the Arab Industrialization Authority, met Ambassador Masaki Noki, the Japanese Ambassador to Cairo.

The talks dealt with the manufacturing capabilities in Arabic for manufacturing and the Japanese industry’s expertise in the fields of electronic industries, digital transformation, software, communications, information technology, renewable energy, railway cars and tractors, subways, environmentally friendly transportation and electric cars, and multiple manufacturing fields.

The vision of the Arab Organization for Industrialization was also presented regarding deepening local industrialization through cooperation with Japanese companies and defining mechanisms to enhance cooperation in many different fields of industry and agreeing to exchange visits to learn about the capabilities and needs and the possibility of transferring and localizing technology and training human cadres.

“Masaki Noki” praised the efforts led by President “Abdel-Fattah El-Sisi” in all areas of development, the size of national achievements and projects, the new administrative capital and the safe climate that attracts investments currently taking place in Egypt, stressing that cooperation between Cairo and Tokyo will witness a strategic transformation to support the transfer and localization of modern technology and deepening industrialization the local.

He added that the Egyptian market is large and promising and constitutes a strategic importance for the Arab and African regions, stressing that the Arab Organization for Industrialization represents one of the pillars of Egyptian industry and that it will have a special place in the way of strengthening this cooperation.

“Noki” indicated that Japanese companies are keen to conclude partnerships with “Arab Industrialization” in areas of mutual interest, praising the industrial and technical capabilities of the Arab Organization for Industrialization and the richness and diversity of its products and what it has of human cadres trained at a high level of efficiency in addition to its accuracy and efficiency In carrying out the projects assigned to it and delivering them at the specified times.

For his part, the “terrace” stressed the importance of deepening cooperation and benefiting from modern technology and exchanging experiences with the friendly country of “Japan”, stressing the directives of President “Abdel Fattah El-Sisi” to the authority to expand the horizons of partnerships and cooperation with major international companies in implementing development projects in accordance with the latest revolution systems Fourth industrial and increase investment opportunities in Egypt.

The “terrace” praised the Japanese development experience, which represents a model to be followed, as it managed to achieve an industrial miracle, noting that the major Japanese international companies have expressed their aspiration for real cooperation and partnership and pumping more investments in Egypt.

He added that the Arab Organization for Industrialization is looking forward to concluding a partnership with major Japanese companies with which we have distinguished cooperation with it since the establishment of the authority, stressing the importance of strengthening cooperation in the industrial field in order to benefit from advanced Japanese technology and industrial capabilities available in the authority to maximize the proportions of the local component and increase the added value in the industry Domestic, in addition to increasing competitive opportunities to market co-production of Arabia for industrialization and Japanese companies in the Egyptian, Arab and African market, as well as the ability to export these products to African countries by benefiting from trade agreements And free trade areas such as COMESA to meet the needs of African markets.

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Press Release
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Uzzal Hossan Khan

Special Correspondent, MENA Region.
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