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Thursday, 27 June 2019

Egypt signs MoUs with Germany, PM talks transportation plans

Egypt signed seven cooperation agreements and MoUs with German companies yesterday, the cabinet said in a statement.

Prime Minister Moustafa Madbouly also met with German Railways’ chief Richard Lotus to discuss the challenges that the sector is facing in Egypt, according to a separate cabinet statement. The PM and several of his ministers also met with officials from Bombardier Transportation to showcase the government’s plans to modernize railway cars, the cabinet said in a separate statement. Madbouly also met with the head of Germany’s auto manufacturing union to discuss Egypt’s ambitions to improve its domestic industry.

The PM also held talks with German Minister of Economic Affairs and Energy Peter Altmaier and the head of the German-Arab Chamber of Industry and Commerce (AHK), cabinet said as well as with Economic Cooperation and Development Minister Gerd Müller (statement here) to talk transportation, car manufacturing and vocational training.

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