Industry Minister discusses support for local electrical industries
The Minister of Industry discussed with Ona for Electrical Industries ways to enhance local manufacturing of electrical equipment and components, in line with Egypt's 2030 strategy. During the meeting, the company's capabilities in manufacturing high and low voltage equipment, connection units, protection systems, electric vehicle chargers, and supporting projects for the localization of clean energy technologies were reviewed, with the goal of reducing reliance on imports and boosting exports. The minister emphasized the need to facilitate procedures to enable local producers to compete, while the company committed to gradually increasing the local content percentage and developing national supply chains.
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