Military production, public business sector ministers discuss fostering cooperation

Minister of State for Military Production, Engineer Mohamed Salah El-Din Mostafa, received Minister of Public Business Sector, Engineer Mohamed Sheimy, at the Ministry of Military Production headquarters in the New Administrative Capital, to discuss and enhance cooperation between the two sides.

The Minister of State for Military Production emphasized that the meeting comes in light of President Abdel Fattah El-Sisi’s directives to strengthen constructive cooperation between state institutions, achieve effective integration among them, and optimize the utilization of national manufacturing capabilities, thus contributing to comprehensive and sustainable development.

Salah El-Din pointed out that the Ministry of Military Production’s work system is integrated and unique, based on five pillars: industry, research, information systems, construction, and training. It oversees 19 companies, including 15 industrial companies, a maintenance company, an information systems company, a center of scientific and technological excellence, a construction company, a training sector, and a unified procurement sector, making it a vital component of national industry.

The Minister commended the efforts of the Ministry of Public Business Sector in supporting the national economy through its affiliated companies operating in numerous important manufacturing sectors.

Meanwhile, Minister of Public Business Sector, Eng. Mohamed Sheimy, affirmed the Ministry’s commitment to strengthening cooperation and integration with various state institutions to achieve optimal utilization of national capabilities and resources, and to contribute to building effective strategic partnerships that support the state’s plans for sustainable economic development.

Mohamed Sheimy explained that the Ministry oversees six holding companies operating in vital sectors, including: the Holding Company for Metallurgical Industries, the Holding Company for Chemical Industries, the Holding Company for Pharmaceuticals, the Holding Company for Spinning and Weaving, the Holding Company for Tourism and Hotels, and the Holding Company for Construction and Development. These holding companies have 63 subsidiaries and contribute to the capital of 106 joint ventures. These companies operate in industrial, production, and service sectors, representing a fundamental pillar of support for the national economy.

Ministry