Estates

Experts: The industry is the locomotive of development in the state and the deepening of the local industry is required

15 February، 2022
experts:-the-industry-is-the-locomotive-of-development-in-the-state-and-the-deepening-of-the-local-industry-is-required
Iman Al-Wasili

Eng. Mustafa Al-Jallad, President of Signature Homes for Real Estate and Industrial Development, said that industry is the locomotive of development in the country, and the industrial sector is the one that can absorb employment
Al-Jallad said that the state has invested large sums in road and infrastructure projects, which is in the interest of the industrial sector. He stressed that the deepening of industry in the new republic is a crucial issue for Egypt, and demanded that the government adopt policies to deepen the local industry.
While the engineer Hisham Abdel Hamid, the industrial expert, confirmed that every need has become equipped for industry, but there are a number of things that must be increased and taken into account, including A culture of industrial awareness among young people.”

Abdel Hamid demanded the necessity of having a culture among young people regarding the Egyptian industry and encouraging them p To participate in it, as well as providing information to young people about the projects map, and highlighting the successes of young people in that field. (Hisham Abdel Hamid stressed the necessity of applying the requirements of the “Local Product Preference” law decisively, so that there is a commitment from all sides.

He concluded that the deepening of the local industry is closely related to the rationalization of unnecessary imports to reduce the state’s resources, and that the deepening of the industry is linked to an increase in Egyptian exports, to achieve the goal of

A billion dollars increase in exports

15 February، 2022