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بوابة الشروق
Source: بوابة الشروق
20 Hrsبوابة الشروق
Source: بوابة الشروق
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The Industry Committee of Egypt’s House of Representatives called for boosting demand for locally made products and giving them preference in government contracts. The measures, it said, would build economic resilience to protect factories from supply-chain disruptions, exchange-rate fluctuations and rising import costs, while conserving foreign currency. The committee also recommended launching initiatives to increase local content and providing it with the updated National Industry Strategy and its performance indicators, as well as the terms of the cooperation protocol between the Industrial Modernization Center and scientific research institutions, its implementation plan and impact indicators. The recommendations followed a meeting with the Minister of Industry and representatives of the Federation of Egyptian Industries to review the strategy’s performance and support competitiveness and local manufacturing.
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