UK Company BlueMac signed a memorandum of understanding with National Organisation for Military Production to establish a waste management joint venture

Ashraf Abo Arafe

Underthe terms of reference set out in the MoU, BlueMac will jointly manufacture, supply and assemble High tech waste management tailored solutions in Egypt. The MOU paves the way for the establishment of a joint venture which will promote increased UK/Egypt collaboration in manufacturing waste-management machineries.

The UK’s Trade Envoy to Egypt Sir Jeffrey Donaldson and Minister of Military Production General Dr Mohamed El-Assar witnessed the signing of the MOU.

UK Trade Envoy Sir Jeffrey Donaldson said: “I am delighted to witness the signing of this MoU. I am especially pleased to see that a world class company from Northern Ireland is supporting Egypt’s growing expertise in this sector. This newly agreed cooperation reflects our commitment to invest in Egypt and rest of Africa to fulfil our objective to be the largest G7 investor in Africa by 2022.”

British Ambassador to Egypt Sir Geoffrey Adams said: “This agreement reflects the UK’s commitment to cooperate with Egypt, and our objective to encourage business and investment across a wide range of sectors in the country.  I look forward to seeing deeper cooperation between our countries in sectors that employ more Egyptians, and expand Egypt’s regional export reach.”