427 million euros to upgrade Egyptian industry

Egyptian Minister of Industry Soliman Reda announced that the European Union has specified 427 million euros for upgrades of Egyptian industry which will begin in July and last for 54 months.

In a press conference the minister stated that the program includes upgrading Egyptian industry in different fields to improve the quality of Egyptian products to compete in world markets, in addition to upgrading centers for marketing and research and business assemblies and increasing the competency of Egyptian consultants and training experts.