The two sides reviewed ways to strengthen investment and
technological cooperation between the company and the Egyptian market. This
comes as part of Egypt’s efforts to deepen partnerships with major
international firms and consolidate its position as a regional industrial and
logistics hub.
They also discussed opportunities to expand future
cooperation in local manufacturing and engine assembly. Such steps could pave
the way for Egypt to become a regional hub for exports to surrounding markets.
The talks further covered potential collaboration in the railway sector and
green energy transition projects.
El-Khatib affirmed the government’s commitment to
encouraging high-quality investments and advanced technology transfer. He
stressed the ministry’s readiness to provide full support to facilitate the
company’s projects in Egypt. He added that these investments would boost local
value-added production and generate more job opportunities.
ABC officials highlighted the company’s extensive expertise
in advanced engine manufacturing, including engines powered by methanol and
hydrogen. They stressed their adherence to the highest standards of quality and
innovation.
They also pointed to the company’s successful projects in
Egypt. These include partnerships with the Suez Canal Authority and several
Egyptian shipyards in building tugboats and fishing vessels. Other initiatives
cover joint efforts to develop turbocharger technologies and establish a
regional center of excellence in Egypt.
The meeting was attended by Commercial Counsellor Nasser
Hamed, Head of the Commercial Office in Brussels, and Commercial Counsellor
Rasha Galal.