French firms to asked share in industry modernization
Egypt-France, Economics, 9/27/2001
Egyptian Minister of Industry Moustafa El-Refa'i urged French firms with advanced technology in the field of textiles, printing and painting to participate in the ministry's 10-year Industrial Modernization Programme (IMP).
He called for a new partnership in industry that would see the founding of French companies in Egypt to offer their technologies under contract to local textiles factories. Refa'i said that the arrangement would be mutually beneficial. The 10-year program will target 2,500 local textile firms, about 250 companies per year.
"The IMP is a visionary Egyptian initiative strongly supported by the European Union (EU)," Refa'i said. "Its goal is to enhance and consolidate the role of local industries and manufacturing in the global economy."
Abu Zeid probes cooperation between Egypt and France
US events will not affect French tourists inflow into Egypt
Meeting with Mubarak useful, very positive
Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.
| Advertise on ArabicNews.com. MyFlowers.com sold more than $2700 of flowers in one month advertising on ArabicNews.com! Make your company, and products a success. Special rate for new and small business. Inquire!Advertising Info