Military Production, SMEs Development Agency sign MOU

CAIRO - 11 September 2018: Minister of Military Production Mohamed El Assar on Tuesday witnessed a ceremony of signing a memorandum of understanding (MOU) between the National Authority for Military Production and the Small- and Medium-Scale Enterprises Development Agency at the Military Production Ministry premises.

In a statement released on Tuesday, Assar said the memorandum of understanding will boost cooperation between the two sides in the fields of micro-, small- and medium-scale enterprises in various fields including technical and administrative training as well as marketing skills.

He made it clear that the newly established projects will be provided with all necessary equipment and services, adding that such cooperation comes within the context of the state's keenness on decreasing unemployment rates and increasing productivity that could beef the Egyptian economy.

Meanwhile, Chief Executive Officer of the Small- and Medium-Scale Development Agency Neveen Gamae voiced confidence over cooperation between the ministry and the agency in the implementation of national and development projects with high efficiency and good quality and in accordance with international standards.