Chairman of the Federation of Egyptian Industries (FEI) Mohamed Zaki el Sewedy said the industrial sector is supporting all political decisions of President Abdel Fattah El Sisi and the Egyptian state at this difficult period.
Sewedy’s remarks came at the inauguration of the second edition of the annual International Manufacturing Convention & Exhibition (IMCE), in presence of Sisi on Saturday.
This version of IMCE includes human development element and human being building as key topics.
Chairman of the Federation of Egyptian Industries (FEI) Mohamed Zaki el Sewedy affirmed he posted President Sisi on the good results of the first applied technology school and the president encouraged the matter and stressed his support for these schools.
The factories always ask for graduates of technology schools, he said, adding the move is meant to lure further investments.
EFI, its chambers, factories and businessmen are financing and supporting the establishment of more technology schools, he added.
FEI head Sewedy said that small-sized projects are facing challenges and added we always look at the challenges of small projects and their proximity to where workers live, especially women, as the country has very great potentials.
He added we agreed with the Ministry of Social Affairs on having the industrial zone in Giza, which will be granted to workers.
Sewedy said the government allocated about 114 small plots under usufruct to small projects.
Sewedy said the Federation is participating in “Decent Life” initiative through the provision of job opportunities in “Decent Life” areas.
There are distinguished and unique industrial plots of lands in the New Administrative Capital (NAC) and New Alamein, he added in remarks at the inauguration of the second edition of the annual International Manufacturing Convention and Exhibition (IMCE), in presence of President Abdel Fattah El Sisi.
Sewedy said the foreign investors are going to Egypt due to excellent trade deals, adding “industry is the State’s second line of defense.”
Despite the challenges, work is serious in this regard, according to him.
He urged the establishment of the Higher Council for Industry to proceed with the industrial drive and attain high economic growth in the country.