
(3 Minutes Read)
These initiatives aim to introduce advanced technologies, promote local manufacturing, and reduce reliance on imports, thereby enhancing value-added production and improving the competitiveness of national products.
Mohamed El-Shimy, Minister of Public Enterprises Sector, Egypt, announced that the ministry is implementing a comprehensive plan to modernise and develop its affiliated companies through ambitious expansion projects.
These initiatives aim to introduce advanced technologies, promote local manufacturing, and reduce reliance on imports, thereby enhancing value-added production and improving the competitiveness of national products.
The Minister underscored the importance of adhering to project timelines with the highest standards of quality and efficiency, alongside efforts to strengthen marketing strategies, open new markets, invest in human capital, motivate workers, ensure environmental sustainability, and adopt best industrial practices.
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El-Shimy made these remarks during the ordinary and extraordinary general assembly meetings of the Chemical Industries Holding Company, held to approve the draft budget for the 2025-26 fiscal year and review ongoing development and investment plans. Members of the general assembly attended the meetings, representatives from the Central Auditing Organisation, and the company’s board of directors, chaired by Saad Abu El-Maaty.