ExxonMobil's Nigerian asset sale nears approval    Argentina's GDP to contract by 3.3% in '24, grow 2.7% in '25: OECD    Chubb prepares $350M payout for state of Maryland over bridge collapse    Turkey's GDP growth to decelerate in next 2 years – OECD    EU pledges €7.4bn to back Egypt's green economy initiatives    Yen surges against dollar on intervention rumours    $17.7bn drop in banking sector's net foreign assets deficit during March 2024: CBE    Norway's Scatec explores 5 new renewable energy projects in Egypt    Egypt, France emphasize ceasefire in Gaza, two-state solution    Microsoft plans to build data centre in Thailand    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    WFP, EU collaborate to empower refugees, host communities in Egypt    Health Minister, Johnson & Johnson explore collaborative opportunities at Qatar Goals 2024    Egypt facilitates ceasefire talks between Hamas, Israel    Al-Sisi, Emir of Kuwait discuss bilateral ties, Gaza takes centre stage    AstraZeneca, Ministry of Health launch early detection and treatment campaign against liver cancer    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Ramses II statue head returns to Egypt after repatriation from Switzerland    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian-German initiative to increase energy efficiency in local industry
Published in Daily News Egypt on 11 - 04 - 2011

CAIRO: Egypt and Germany signed an MOU to launch an initiative allowing Egypt to benefit from the German experience in industrial energy management and efficiency.
The MOU, titled "Energy Management and Rationalization in Egyptian Industry,” was signed at a conference in Cairo, Sunday, by Samir El Sayad, Egypt's Minister of Trade and Industry, Maged Osman, Egypt's Minister of Communications and Information Technology, and Hans Peter Keitel, president of the German Federation of Industries.
According to a statement on the Egyptian Ministry of Industry website, the initiative aimed to rationalize energy consumption and improve the efficiency of energy use in factories. This would be expected to subsequently improve the performance of industry and national economy, especially in light of economic and environmental challenges facing the world today in terms of energy.
Capacity building and awareness of optimal energy management would be part of the initiative. Workshops and training sessions would start with a group of Egyptian engineers and technicians and the Arabization of training curriculums to better suit the reality of the local industry.
The trainees would receive a certificate of credit from the European Union in the Department of Energy.
Ahmed Sami, head of the industrial development program at the ministry, said that some stages of the training programs would even be offered online, including training on the internationally accredited approach by the European Union in the field of energy management.
The launch of the initiative, he added, was an essential step in the transformation of Egyptian industry to an eco-friendly one and the reduction of the cost of the production process. It showed the industry's commitment to international standards and achieving greater competitiveness in world markets.
Tarek Selim, an industrial economist and professor at the American University in Cairo, told Daily News Egypt that focusing on efficiency is the first step in the positive direction, but that there is still much work to be done.
“The first problem is that there is very little technology transfer and negligible positive spillover effects along the Egyptian industry supply chain,” he said.
Naguib Sawiris, Chairman of German Arab Chamber of Industry and Commerce, who was present at the conference, said that there was a need for more skilled labor and trained technicians in the local industrial field. He stressed the need for more cooperation between Egypt and Germany in the fields of training and human resources and transfer of technology between them.
According to Selim, this initiative would lead to the upgrading of labor and technology but would not add much in terms of intellectual property and patents.
“We must realize that we still borrow most of our technologies, leaving little room for the development of patents and intellectual property which are greatly needed,” he said.
For Selim the answer was to develop a national research and development system and to achieve new levels of national quality standards for Egyptian industries, through research in technological and industrial development, to add value to the label, “made in Egypt.”
“A great effort was made by former minister Rachid [Mohamed Rachid] to start this initiative but it was all done on paper and poorly enforced.”


Clic here to read the story from its source.