News

November 27, 2022

Shotmed Signs MOU with Arab Organization for Industrializiation

Major General A.H., Engineer Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization, stressed the importance of implementing the directives of President Abdel Fattah El-Sisi to enhance constructive cooperation between state institutions and join private manufacturing capabilities to deepen and increase local manufacturing, localize technology, achieve industrial integration, increase production capacities, and limiting import needs. This came during the signing of a cooperation protocol between Arab Industrialization and Shotmed Metal Industries. In this regard, Major General A.H., Engineer Mokhtar Abdel Latif praised the expertise of Shotmed. This cooperation and integration is in pursuit of the implementation of Egypt's 2030 vision, and to locally manufacture using Egyptian raw materials, under the slogan "Made in Egypt".

For his part, Mr. Karim Salama, Chairman of the Board of Directors of Shotmed Metal Industries, stressed the importance of benefiting from the expertise of the Arab Organization for Industrialization in supporting local industry and increasing local manufacturing rates in the fields of silos, pumps, and other industries.

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