Launch of the third session of the Buyers’ Mission Exhibition to Promote Local Manufacturing

In our interconnected world, peoples have a strong desire to rely on themselves through local manufacturing, build a national economy that is more resilient to global fluctuations, and raise the added value in all sectors and industries. This is an economic option that enhances the ability of countries to achieve the highest rates of competition in local, regional and global markets.

This shift towards local manufacturing is a shift imposed by intervening global variables, whether in trade or supply chains around the world. This calls for the establishment of national platforms and the launch of international exhibitions that bring together producers and buyers, making industrial capabilities broad investment opportunities and sustainable partnerships.

Local manufacturing at the forefront

Therefore, international exhibitions and buyers’ delegations have become – in light of these rapid transformations taking place in the global economy – among the most important tools that countries rely on to enhance the competitiveness of their industries, open new export markets, and build economic partnerships capable of supporting sustainable growth.

In this context, the third session of the Buyers Mission Exhibition, “Egypt Power Show – EPS”, comes to confirm Egypt’s orientation towards deepening local manufacturing and enhancing the presence of its products and engineering industries in foreign markets, by providing an international platform that supports the transition of the national industry from the production stage to the global competition stage.

Development of electrical and engineering industries

The third session has comeFrom the Buyers Mission Exhibition, organized by the Export Council for Engineering Industries, under the patronage of Dr. Mostafa Madbouly, “Prime Minister”, and in the presence of the Minister of Industry, and representatives of engineering industries companies.

The exhibition is considered one of the most prominent specialized events in the electrical and engineering industries sector. It brings together, under one roof, leading Egyptian companies with buyers and representatives of multiple foreign markets, thus enhancing access to international markets, supporting the position of the Egyptian product, and consolidating the role of national industry as one of the most important engines of economic development and increasing added value.

The Buyers Mission Exhibition, in its third session, reflects a growing trend towards employing trade events specialized in promoting Egyptian exports, especially with the participation of buyers from 20 countries, which gives local companies a direct opportunity.To showcase its production and technological capabilities, and conclude new partnerships that contribute to expanding the presence of Egyptian industries in global markets.

Among the most important points of the exhibition’s importance is that it is a commercial event that brings together manufacturers and buyers, and that it is also one of the practical tools that contribute to reshaping the map of Egyptian industry on a more competitive and sustainable basis. Because every partnership is concluded, and every new market is opened for the Egyptian product; It is a broad step towards deepening local industrialization, increasing added value, reducing dependence on imports, and enhancing the integration of national industries into global supply chains.

Confirming the quality of the Egyptian product

Concerning this, Engineer Khaled Hashem, “Minister of Industry,” said in his speech delivered on behalf of Dr. Mostafa Madbouly, “Prime Minister”: «This exhibition is a specialized platform that brings together manufacturers and exporters from various global markets, which helps support Egyptian industries and expand their capabilities to access all markets ».

According to this importance, the Minister of Industry urged the Egyptian companies participating in the exhibition to increase exports to foreign markets. Because this is a positive indicator of the quality of the Egyptian product and the deepening of local manufacturing, stressing the readiness of the Ministry of Industry to provide all forms of support. That is, supporting Egyptian companies to work on increasing production and exports, deepening local manufacturing, promoting feeder industries and linking them to local and global supply chains.

Targets of Egypt’s Vision 2030

From this standpoint, the success of such exhibitions is measured by the number of companiesParticipation and signed agreements, as well as their ability to transform industrial potential into long-term economic gains, support growth, provide job opportunities, and consolidate Egypt’s position as a regional center for engineering industries.

This is in line with the objectives of the National Agenda “Egypt Vision 2030” and all seventeen Sustainable Development Goals (SDGs), most notably the ninth goal concerned with building a flexible industry, promoting innovation, and developing an industrial structure capable of competing in global markets.

Accordingly, the The Earth Guards Foundation calls for the necessity of accelerating efforts to transfer expertise, motivating companies to raise their production efficiency, encouraging them to increase the local component, and enhancing the integration of Egyptian industry into global value chains; In order to achieve the goals of sustainable development socially and economically.