Industry Ministry Reviews German Expansion Plans
The article focused on the efforts of the Egyptian Ministry of Industry to strengthen cooperation with German companies operating in Egypt, through hosting a roundtable to discuss expansion plans and the challenges facing these companies. Officials emphasized the importance of attracting medium and small German companies, particularly in advanced technologies, to promote technology transfer and develop the local industry. Reports also indicated that Egypt's trade with Germany reached approximately 6 billion euros last year, and Germany is looking to increase its investments in Egypt, with a focus on localizing industries and developing supply chains. The ministry is also implementing programs to support local suppliers and develop the automotive sector, aiming to attract more companies and enhance German investments in the Egyptian market.
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