Egyptian-European coop. in renewable energy field: AOI

CAIRO - 20 March 2019: The Head of Arab Organization for Industrialization (AOI) Abdel Mon'em el Taras stressed the importance of benefiting from the German industrial expertise and creating real investment opportunities in the modern industries domain.

This comes within the framework of the presidential directives on enhancing cooperation with Germany, he noted.

These remarks came during Taras' meeting with the CEO of Misr Bank-Europe GmbH Gerald Bumharter to discuss new prospects of joint cooperation in the fields of renewable energy, water desalination, railways, smart systems and electric-car production.

Bumharter reiterated that the cooperation is a pioneering step for the AOI to settle modern technology, adding that German firms seek to enhance cooperation with Egypt which reflects their confidence in the Egyptian investment atmosphere.