National Motors Egypt participated in the Egyptian-Polish Business Forum for the year 2022 in the presence of the Prime Minister/ Dr. Mostafa Madbouly, the President of the State of Poland, Mr. Andrzej Duda, and the Chairman of the Board of Directors of National Motors Egypt, Mr. Osama Abdel Nabi, and Messrs. Representatives of the company’s board of directors, Mr. Mahmoud Abdel-Nabi and Mr. Hussein Abdel-Nabi, in the presence of a number of ministers, officials and businessmen from the two countries, to discuss a number of files of future cooperation in various fields.
The Prime Minister reviewed some developments in the Egyptian economy, and the steps taken by the Egyptian government to facilitate the business climate, including the great and promising opportunities that Egypt provides for the private sector to invest in the Egyptian market, and its support within the framework of its expected presidency of the Climate Conference, for issues of transition to a green economy in Africa. The Egyptian state is keen to move from the pledges stage to the actual implementation stage of these pledges and translate them into concrete projects that achieve the goals agreed upon by the countries during the previous climate conference in Glasgow.
The Prime Minister noted that Egypt has signed 6 memoranda of understanding with major international companies working in the field of new and renewable energy to produce and export green hydrogen and green ammonia in Egypt.
Dr. Mostafa Madbouly indicated that the Egyptian government will soon also announce a detailed program to open the way for public-private partnership in a number of major national projects, especially in the fields of energy and utilities, as well as offering new projects for foreign direct investment, saying: Here we will be happy to see An increase in the volume of Polish investments during the coming period.
Dr. Mostafa Madbouly also congratulated the Ministry of Military Production and the Polish company AC Spolka on reaching an agreement on establishing an investment partnership to manufacture vehicle conversion systems to work with natural gas, looking forward to taking the necessary executive measures for this project because of its economic importance that achieves the mutual benefit and benefit for both sides.
