The discussion focused on opportunities for Torishima to expand its investments in the Suez Canal Economic Zone, increase local manufacturing, and enhance the value added to its products within the Egyptian market. The parties also explored the possibility of establishing a Research and Development (R&D) centre to support innovative engineering solutions.
El-Etreby praised the company's success in employing young
Egyptian cadres, who account for about 70 percent of its workforce in Egypt. He
stressed that the Egyptian government is highly focused on enhancing technical
and technological education to align with the needs of industry and investment.
For their part, the company's leadership affirmed their interest in expanding industrial and technical cooperation in Egypt. They also highlighted the available prospects for exports, leveraging Egypt's geographical location and its regional trade agreements with Arab, African, and European nations, among others.