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MP Mokhtar Hammam: Sisi's Asia Tour Raises Egypt's Manufacturing Profile
During President Abdel Fattah El Sisi's Asian tour of South Korea, Malaysia, and Indonesia, efforts were made to strengthen Egypt's economic and industrial relations. MP Mokhtar Hammad, Deputy Chairman of the Housing Committee in the Parliament, affirmed that the visit opens up opportunities to localize technology and industry, and to benefit from Asian experiences in building industrial and smart cities. The goal is to attract investments and enhance Egypt's ability to face regional and international challenges. Additionally, discussions covered potential cooperation in construction materials and related industries, renewable energy, affordable housing, food industries, and pharmaceuticals. Emphasis was placed on strengthening partnerships with East Asian countries to diversify supply sources and establish Egypt as a regional hub for manufacturing and export. The official outcomes of the tour include expanded economic and political relations, knowledge exchange, workforce qualification, and Egypt’s readiness to attract Asian investments, supported by its strategic location and excellent infrastructure.
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