Egypt : AOI inks cooperation protocol to manufacture natural gas tanks

  • 10 December 2020 / News / 84 / Emerging Africa


Egypt : AOI inks cooperation protocol to manufacture natural gas tanks

CAIRO - 8 December 2020: Chairman of the Arab Organization for Industrialization (AOI) Abdel Moneim Al Tarras emphasized the importance of implementing the presidential directives to boost cooperation among the State's industrial institutions to localize the technology of manufacture of natural gas tanks. 

Tarras was speaking on Tuesday during a ceremony of signing a cooperation protocol between AOI and Saad Eldin Group. 

We are seeking to set up companies working in manufacturing the natural gas tanks to accelerate the process of turning cars into natural-gas-powered ones, Tarras pointed out, adding he agreed on increasing the percentage of the local components to reduce imports. 

The two sides agreed on benefitting from AOI materials and equipment, he stated.


source: egypttoday.