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Egyptian Gazette
Home Egypt

Military Production min. asserts significance of luring fresh investments

by Gazette Staff
May 14, 2024
in Egypt
Military Production min. asserts significance of luring fresh investments 1 - Egyptian Gazette
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By Sarah Saad

Egypt’s Minister of State for Military Production Mohamed Salah El Dien Mostafa on Tuesday asserted the importance of attracting fresh investments for the benefit of entering into partnerships in various domains, whether the military or civil ones.

This came during a meeting between the minister of state and the officials of the Military Production Ministry and the National Authority for Military Production at the premises of the Ministry in the government district of the New Administrative Capital (NAC).

The meeting followed up on the implementation rate of contracts of some projects assigned to the Military Production Ministry as well as obstacles facing the implementation process, Mostafa said.

The minister directed conducting feasibility studies precisely before sealing contracts of any projects along with managing the file of investment and preparing contracts with high professionality, according to Spokesman for the Minister of State for Military Production Mohamed Eid Bakr.

Tags: AssertsFresh investmentsmilitary productionTop_News

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