Egypt offers long-term support in redevelopment of Yemen

Egypt offers long-term support in redevelopment of Yemen
Abdel Moneim Al-Terras, head of the AOI, and Anwar Muhammad Kalashat, the Yemeni minister of electricity and energy, held talks on development in Yemen. (AOI)
Short Url
Updated 20 December 2021
Follow

Egypt offers long-term support in redevelopment of Yemen

Egypt offers long-term support in redevelopment of Yemen
  • Al-Terras: President El-Sisi is committed to boosting cooperation with Yemen
  • Kalashat expressed Yemen’s desire to work more closely with Egypt, praised AOI’s manufacturing capabilities

CAIRO: The Egypt-based Arab Organization for Industrialization has held talks with Yemen on ways to support its reconstruction and development.

Abdel Moneim Al-Terras, head of the AOI, and Anwar Muhammad Kalashat, the Yemeni minister of electricity and energy, discussed the possibility of long-term partnerships in the fields of industry, training and development, digital transformation and information transfer.

Al-Terras said Egyptian President Abdel Fattah El-Sisi was committed to boosting cooperation with Yemen, adding that the partnerships would help to get Yemeni factories back up and running.

Kalashat expressed his country’s desire to work more closely with Egypt, and praised the AOI’s manufacturing and technical capabilities.

The organization, which is owned by the Egyptian government, has nine factories that produce goods for civilian and military use.

Kalashat added that Yemen was keen to benefit from the AOI’s expertise in the field of solar power, and welcomed Egyptian investors in all fields.