FILE: State Minister for Military Production Mohamed Saaed el Assar
CAIRO - 28 August 2019: State Minister for Military Production Mohamed Saaed el Assar discussed on Wednesday with Director General of JSC "MAZ" Valery Ivankovich and his accompanying delegation the joint production of the Belarusian MAZ trucks.
The two sides signed a roadmap to implement a number of production lines to develop the truck manufacturing industry in Egypt, with a local component of 45 percent, by the end of the current year.
The Belarusian delegation's visit is within the framework of President Abdel Fattah El Sisi's visit to Belarus in June that aimed at boosting Egypt's cooperation with international companies to transfer the latest technology to Egypt.
The two sides also discussed the existing cooperation between MAZ company and the Helwan Machinery Equipment (Factory 999), as well as a marketing plan for MAZ trucks to increase the company's sales in the Egyptian market.
For his part, Ivankovich expressed his satisfaction with the fruitful cooperation with the Helwan Machinery Equipment (Factory 999), adding this cooperation will help developing manufacturing technology in Egypt.