Egypt’s Arab Organization for Industrialization (AOI) and the Talal Abu-Ghazaleh Global Group (TAG.Global) have launched the first tablet and laptop manufacturing plant in the Arab region.
Latest in Tag: AOI Highlight
Latest in Tag: AOI
This cooperation will generate many jobs for young engineers, technicians
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This cooperation will provide many job opportunities for young engineers, technicians, says AOI Chairperson
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The two entities also agreed to manufacture 50 cars before the end of this year, which include armoured vehicles used in transferring money, as well as cars equipped with ATM machines.
AOI Chairperson Abdel Moneim El-Terras stressed that the agreement reflects President Abdel Fattah Al-Sisi’s directives regarding Egypt’s digital transformation. He also emphasised that AOI has allocated all its capabilities and technological expertise to developing Egypt’s banking institutions.
The second factory, which will be built in Alexandria, will be dedicated to producing heavy duty tyres for agricultural tractors and heavy engineering equipment. These tyres will be used both in the local market, as well as exported.
This comes in light of the AOI’s efforts to establish a tyre production plant in the economic zone in Ain Sokhna, as well as the Ministry’s efforts to restructure the Transportation and Engineering Company of the Holding Company for Chemical Industries, as well as establish a new factory in El Ameryea, Alexandria.
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Agreement signed between New and Renewable Energy Authority and Arab Organisation for Industrialisation