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Wednesday, 1 February 2017

Is the Military Production Ministry angling for a bigger slice of the economy?

The Military Productions Ministry appears to be vying for more projects, with minister Gen. Mohamed El Assar submitting a report to cabinet last night on how best to utilize the ministry’s capabilities to limit the need for imports of certain goods. El Assar proposes a variety of projects which the ministry hopes to dive into, including manufacturing of agricultural equipment, construction of industrial buildings, and producing electronic appliances such as washing machines. The Ismail cabinet appears inclined to agree, according to Al Mal, with the Prime Minister instructing El Assar to coordinate with other ministries to see these projects through.

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