Egypt to establish 1st factory in Africa to produce high-precision lathing machines ...Egypt

EGYPT INDEPENDENT - Economy
Egypt to establish 1st factory in Africa to produce high-precision lathing machines
source : EGYPT INDEPENDENT ( Egypt ) () 38
Egyptian President Abdel Fattah al-Sisi on Saturday received the CEO of Germany’s DMG MORI Christian Thönes to discuss cooperation between the Arab Organization for Industrialization (AOI) and DMG Mori in establishing a factory for the production of high-precision turning machines, the first of its kind in Africa and set to open in 2023. The meeting was attended by Prime Minister Mostafa Madbouly, President of the Arab Organization for Industrialization (AOI) Abdel Moneim al-Tarras, along with the General Manager of the company and Mahmoud Ali, Managing Director of the company in Africa. The AOI signed a partnership contract with DMG MORI on Saturday to establish a factory for the production

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