• 2 mins read
  • Published

Egypt's AOI and Industry Ministry target local manufacturing expansion

Rachid Ouaissa Algeria political economy contributor Maghreb Insider

Post by Rachid Ouaissa

Egypt's AOI and Industry Ministry target local manufacturing expansion Maghreb Insider © maghrebinsider.com
Egypt's AOI and Industry Ministry target local manufacturing expansion © maghrebinsider.com

Egypt's Arab Organization for Industrialization and the Ministry of Industry are advancing plans to deepen local manufacturing and technology localisation, aiming to reduce imports, boost exports, and support Egypt's 2030 development strategy.

The Arab Organization for Industrialization (AOI) and Egypt's Ministry of Industry are intensifying cooperation to expand local manufacturing and accelerate technology localisation. The initiative is part of Egypt's broader effort to implement its Sustainable Development Strategy 2030, with a focus on maximizing the use of national manufacturing and production capacities across civilian sectors.

AOI Chairperson Mohamed Abu Bakr and Minister of Industry Khaled Hashem met to discuss leveraging AOI's advanced manufacturing capabilities to support domestic industry. Both parties highlighted the importance of reducing reliance on imports, increasing the added value of Egyptian products, and enhancing export competitiveness.

AOI's Role in Egypt's Industrial Strategy

The AOI, recognized as a key pillar of Egypt's industrial base, brings extensive expertise in both defense and civilian manufacturing. The organization is positioned to design and produce components and products that are currently imported, aligning with national quality standards and supporting the state's push for industrial self-sufficiency.

Abu Bakr affirmed AOI's readiness to collaborate on joint projects with the Ministry of Industry, emphasizing the urgency of implementing President Abdel Fattah el-Sisi's directives to accelerate industrial plans and deepen local manufacturing.

Opportunities for Technology Localisation and Export Growth

Minister Hashem described AOI as a longstanding strategic partner in achieving Egypt's objectives for local manufacturing and technology localisation. He noted AOI's advanced engineering capabilities and modern production lines, which are adaptable to global industrial trends and can help meet domestic market needs.

The partnership is expected to open new opportunities for linking scientific research with industrial applications, strengthening private sector partnerships, and improving the competitiveness of Egyptian products in regional and international markets.

Further developments will be monitored as Egypt advances its industrial localisation agenda and seeks to translate these discussions into concrete projects and measurable outcomes.

Related Briefs