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Gamea addresses boosting industry, trade at first press conference
15 February 2020  -  Organization :  -  Sector/Entity :  -  Category : General

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MTI aims to raise the productivity and competitiveness of Egyptian industry, hence, increase its exports to markets all over the world, Gamea said.

Cairo- Feb 15, 2020

At her first press conference on Saturday, Minister of Trade and Industry Nevine Gamea presented the ministry’s vision and strategies to develop local industry and foreign trade.

 “Stimulating the industrial sector is a top priority on the government’s agenda. We are working diligently to identify all the challenges facing this vital sector and find radical solutions to them,” Gamea said.

She stressed that the ministry aims to raise the productivity and competitiveness of Egyptian industry, hence, increase its exports to markets all over the world.

To this end, the ministry has taken steps to eliminate bureaucracy, digitalize services, support feeding industries, transfer modern technology to the local industry, set up more industrial parks to reach the total of 4,500 and implement the “National Industrial Localization Program (NILP)”- which aims at replacing exports with locally manufactured products.

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