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Egyptian Gazette
Home Egypt

Egypt, Korea forge stronger manufacturing supply chain ties

by Doaa Zakaria
May 14, 2025
in Egypt
Egypt, Korea forge stronger manufacturing supply chain ties 1 - Egyptian Gazette
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The Embassy of the Republic of Korea in Egypt and KOTRA (Korea Trade-Investment Promotion Agency) jointly organised the 2025 Korea-Egypt Manufacturing Partnership Seminar on Wednesday in Cairo.

The seminar aimed to strengthen the foundation for co-operation between Korean companies and key players in Egypt’s manufacturing sector, to promote joint growth within the manufacturing ecosystems of both countries.

Egyptian participants included representatives from General Authority for Investment and Free Zones (GAFI), Arab Organisation for Industrialisation (AOI), and leading Egyptian companies such as Elsewedy, GB Auto, El Araby, and Multicare Pharma.

On the Korean side, more than 60 representatives from various companies joined the event in person and online.

Ambassador Kim Yong-hyonhighlighted the significance of this year, marking the 30th anniversary of diplomatic relations between Korea and Egypt. He noted that over the past three decades, the two countries have developed robust economic ties in trade, investment, and infrastructure projects, with manufacturing playing a central role in the bilateral partnership.

The Korean diplomat emphasised that combining Egypt’s potential as a regional manufacturing hub with Korea’s technological and industrial competitiveness could lead to a mutually beneficial co-operation model.

He also noted that Korean companies currently operating in Egypt are actively contributing to the local manufacturing ecosystem through collaboration with Egyptian firms.

Furthermore, major Egyptian corporations are building partnership models with Korean SMEs, producing tangible results in industrial cooperation.

He expressed hope that the seminar, which focused on promising sectors such as automotive, electronics, power equipment, healthcare, and defense industries, would lead to expanded mutual benefits and sustainable growth in the manufacturing sectors of both countries.

As a follow-up to the seminar, KOTRA will organise a two-week online business matchmaking event on May 15-29, enabling one-on-one consultations between Korean and Egyptian companies to explore concrete opportunities for cooperation in manufacturing.

Tags: AOIEgyptGAFIKOTRA
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