Egypt’s Planning, Military Production, and Electricity Ministers witness the signing of an MoU between Helwan Non-Ferrous Industries, the Emirati Ducab
27 December 2022
Ministers of State for Military Production Muhammad Salah al-Din Mustafa, Minister of Electricity and Renewable Energy Muhammad Shaker al-Marqabi, Minister of Planning and Economic Development Hala Helmy El-Said, and in the presence of Ambassador of the United Arab Emirates to Egypt Maryam Khalifa Al-Kaabi witnessed the signing ceremony of a memorandum of understanding between the Helwan Company for Non-Ferrous Industries (Factory 63 Military) – a subsidiary of the Ministry of Military Production – and the UAE Ducab Cables Company Limited for joint manufacturing of medium voltage cables, at the headquarters of the Ministry of Military Production.Minister of State for Military Production explained that, according to the memorandum of understanding, cooperation will take place between Helwan Non-Ferrous Industries (Factory 63 Military) and Ducab in exchanging experiences and manufacturing electrical cables and wires, as the company (Factory 63 Military) is currently producing Low-voltage cables. The cooperation between the two sides aims to establish a new entity in Egypt to produce medium-voltage cables to bridge the gap in imports and support the Egyptian economy, as well as exports abroad. The two companies (63 Al-Harbi) and “Ducab” have distinguished technological, industrial, and technical capabilities, which qualifies them to start A successful strategic partnership in their field of work to transfer knowledge and joint production of electric cables and wires, stressing the belief of “Military Production” in the role of the private sector in various fields of manufacturing, which is confirmed by the existence of great cooperation between the ministry and the private sector to implement many major national projects, stressing the ministry’s keenness to Integration with various local and international companies, especially sister ones in neighboring countries, to support comprehensive and sustainable development strategies in the country and increase growth Depending on local manufacturing capabilities.Minister of Electricity and Renewable Energy explained that the volume of current and future projects that Egypt is setting up in the fields of energy requires the presence of a strong industry to meet the needs and requirements of these projects and achieve self-sufficiency through local manufacturing, pointing to the existence of fruitful cooperation between “electricity” and “production”. Al-Harbi” in many areas of common interest, and “Shaker” expressed his happiness with the cooperation between “Helwan Non-Ferrous Industries” and “Ducab” in the field of producing medium-voltage electrical cables, which reflects the confidence of the global private sector in state institutions, as this cooperation achieves the requirements There is a lot for the market, stressing that Egypt is the main interface for the African continent and the Arab region with its strategic location and an attractive investment climate.For her part, Dr. Hala Helmy El-Said, Minister of Planning and Economic Development, confirmed that the industry file is at the heart of the economic development process, stressing her ministry’s readiness to provide the necessary support to various parties to implement all the projects planned to push forward production and development at the state level, noting the growing keenness to attract Private investments and foreign investment.
El-Said praised the Ministry of Military Production’s constant endeavor to comprehensively develop its affiliated companies and units within the framework of developing the production process, raising the level of quality, and raising the level of employment, in a way that enables it to maximize its role in contributing to national projects and development projects in the country in cooperation with all government agencies and the private sector. It contributes to the localization of modern technologies that relieve the country of importing foreign currencies, in addition to its main role in meeting the demands and needs of the armed forces.Maryam Khalifa Al Kaabi, Ambassador of the United Arab Emirates to Egypt, expressed her happiness with the fruitful cooperation between the UAE and Egypt in various fields of manufacturing, which includes the signing of this memorandum between Military Production and Ducab, stressing that the relations between the UAE and Egypt are historical and extended. It witnessed great momentum in recent years with the support of the political leadership in the two countries and also confirmed that the rapprochement between the UAE and Egypt is based on a common awareness and understanding of the nature of regional and international changes and challenges in the region and the importance of dealing with them with wise and integrated policies and positions that preserve the sustainability of development, indicating that this cooperation It is not the first of its kind between Emirati companies and military production companies, as this was preceded by several joint projects.Eng. Mohammed Abdul Rahman Al-Mutawa, CEO of Dubai Cables Company Limited, UAE Ducab, indicated that the company is one of the world’s leading companies in the sector (development, design, production, marketing, distribution) of grade (EC) copper and aluminum wires, cables and rods and wires. unsheathed overhead conductors, also high voltage (up to 400 kV) and medium voltage (up to 33 kV) low voltage power cables, control, and auxiliary cables, lead sheathed wires and cables, low smoke and halogen-free cables, fire retardant cables, cable components, and accessories Pointing to the Emirati company’s aspiration to cooperate with the Ministry of Military Production, with its distinguished expertise and capabilities for cooperation in the field of producing electric cables and their accessories to meet the demands of the Egyptian local market, as well as export abroad and meet the needs of the global market.