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Samir gives keynote speech at Egypt’s inaugural international industry forum
31 October 2022  -  Sector :  -  Entity :  -  Category : Industry News

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Samir: The state gives unprecedented attention to the industrial sector, being the driver of economic growth.

Cairo- Oct 31, 2022

Minister of Trade and Industry Ahmed Samir has attended the closing ceremony of the first International Manufacturing Convention and Exhibition (IMCE), organized by the Federation of Egyptian Industries (FEI) at Al-Manara International Conference Center to celebrate its 100th anniversary.

“The Ministry of Trade and Industry is working on a comprehensive strategy to develop national industry, in coordination with the business organizations, mainly the FEI,” Samir said in his keynote speech, noting that it will be finalized within three months.

He pointed out that Prsident Sisi’s decision to grant a ‘golden license’ to investors is a breakthrough for Egypt’s business community and a mainstay for boosting its industrial sector and luring more local and foreign capital.

The state, he added, gives unprecedented attention to this vital sector, being the driver of economic growth and cornerstone of inclusive and sustainable development.

Moreover, the minister toured the exhibition held concurrently with the forum, accompanied by head of the FEI Mohamed el-Sewedy. The expo, which extends over the area of 12,000 sqm, houses pavilions for various industries, including: engineering, food, textiles, construction materials, machinery, furniture and handicrafts.


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