Egypt’s Minister of Industry, Khaled Hashem, and the French Ambassador in Cairo, Eric Chevallier, probed ways of conolodating industrial co-operation, building local capacity, and transferring technology.
The meeting was also attended by Ahmed Maghawry, Assistant Minister for International Co-operation.
The talks highlighted the presence of more than 200 French companies in Egypt, including Schneider Electric, Saint-Gobain, Valeo, and L’Oréal, which together provide around 50,000 jobs. Alstom is currently building a major industrial complex in Borg El Arab to manufacture transport systems.
The discussions also covered French contributions to capacity building through schools, universities, and joint research projects.
Examples include co-operation between Alexandria University and Paris-Saclay University to establish a technology incubator focused on AI solutions, as well as vocational training in transport, hospitality, and agriculture.
Minister Hashem emphasised that Egypt–France relations are experiencing strong momentum, supported by President Emmanuel Macron’s recent visits to Cairo.
The ministry’s efforts to remove challenges facing French companies, citing L’Oréal as a recent case, he added.
He also outlined priority sectors for investment, such as pharmaceuticals and passenger car manufacturing, where French expertise can help localise industry and integrate Egyptian producers into global supply chains.
For his part, Ambassador Chevallier reaffirmed France’s commitment to deepening co-operation with Egypt, stressing that many French companies are keen to invest further, focusing on local industry, technology transfer, and training. He invited Minister Hashem to attend the Egypt–France Business Forum in Paris this September, which aims to promote joint investments and attract more French companies to the Egyptian market. to remove challenges facing French companies, citing L’Oréal as a recent case. He also outlined priority sectors for investment, such as pharmaceuticals and passenger car manufacturing, where French expertise can help localise industry and integrate Egyptian producers into global supply chains.
Chevallier reaffirmed France’s commitment to deepening co-operation with Egypt, stressing that many French companies are keen to invest further, focusing on local industry, technology transfer, and training.
He invited Minister Hashem to attend the Egypt–France Business Forum in Paris this September, which aims to promote joint investments and attract more French companies to the Egyptian market.
