During the RiseUp Summit: The Egyptian state continues to work on developing infrastructure and providing support to emerging technology companies

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    By : Ghada Helmy

    Dr. Mostafa Madbouly, Prime Minister, confirmed during his participation in the eleventh edition of the “Rise Up” summit held at the Grand Egyptian Museum, that the Egyptian state continues to work on developing the technological infrastructure and provides the necessary support for that; In order to open new markets that provide job opportunities and reduce unemployment rates, by encouraging small and medium enterprises and emerging companies that accommodate young people and their innovative ideas.

    In the same context, Dr. Mostafa Madbouly noted his recent visit to the city of 10th of Ramadan, during which he inspected the construction work of the largest factory of the global “Sumitomo” company that manufactures electric cables for cars and vehicles in the world. In this regard, the Prime Minister explained that the government continues to facilitate localization procedures. Various industries and transferring the latest technical technologies to Egypt in many manufacturing fields, in a way that contributes to making more locally-made products available and opening new export markets for the Egyptian product, in implementation of the directives of President Abdel Fattah El-Sisi, President of the Republic, in this regard.   

    Dr. Mostafa Madbouly said: During my visit to the 10th of Ramadan City, I participated in the opening of the headquarters of the Elsewedy University of Technology “Egypt Polytechnic”, and I stressed in my speech on the occasion of the opening that the industrial renaissance begins with interest in technical and technological education, and that the state supports the efforts of the private sector in the processes of developing technical education. Pre-university, as well as university education in the form of technological universities.

     

     

     

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