Egyptian Minister of State for Military Production Mohamed Ahmed Morsi witnessed on Wednesday the inking of a co-operation protocol between the ministry’s Military Production Company for Projects, Engineering Consultancy and General Supplies, Oman’s Oasis Grace and a third company for smart solutions.
The protocol is meant to localise and entrench the industry of smart solutions in Egypt and securing in addition to co-operation in opening new markets and implementing projects, including smart solutions, Morsi said.
The protocol falls within the framework of directives of President Abdel Fattah El Sisi on realising co-operation and integration between state institutions and the private sector, he added.
He stressed that the state is working in the current period on incentivising the private sector.