El Wazir: We seek to intensify local industry, attract investments

Deputy Prime Minister and Minister of Transport and Industry Kamel El Wazir has said his ministry seeks to deepen the local industry and attract more investments, especially to the automotive industry. During a meeting with a number officials to discuss the strategy of manufacturing cars to meet the local needs and export the surplus, the minister said such industry is characterised by feed industry that needs a lot of laborers. They discussed means to eliminate obstacles hindering such important industry and attract world firms to the Egyptian markets to meet local needs and develop feed industry. Source: State Information Service Egypt