Saudi Arabia says it intercepts missile attack over capital    Bayern underline title credentials with 5-1 rout of Cologne    In pictures: Minister inspects precautionary measures at Cairo, Ain Shams universities on 1st exam day    Egypt will provide property tax services online via Digital Egypt platform    Egypt counts on private sector to increase growth levels: Madbouly    Egypt's FEDCOC aims at attracting European finance for development projects in S.Sinai    Egypt lifts ban on Ramadan's Taraweeh prayers in some mosques amid strict coronavirus measures    Moody's sees Emerging markets' real GDP to grow by 13.9% in 2021, 5% in 2022    Live score: Leeds United v Aston Villa (English Premier League)    Myanmar police crack down on protests after envoy appeals to UN to stop coup    Trump the dominant force at conservative conference    Olympics: Tokyo 2020 committee to pick at least 11 women to join board: Media    Egypt detects 601 new coronavirus cases; 49 deaths on Friday    Sisi urges establishing Shinzo Abe axis east of Cairo based on advanced engineering plan    GameStop shares soar as 'meme stocks' rally again    Egypt briefs Arab, European ambassadors on developments in GERD dispute    Whirling Dervish: Egyptian artist Abdelhamid Tahoun among winners of Sony World Photography Awards    Egypt's Sisi directs government to scale up qualification programs for rural women pioneers    Egyptians can register for COVID-19 vaccine next Sunday    Eschewing the radical    Senate prepares for its first session    Cairo theatres programme: 25 February - 3 March 2021    Egypt's Sarwa Insurance partners with Hannover Re to offer COVID-19 related travel insurance    Tales of the city    King Tutankhamun funerary mask is must-see tourist icon: The Telegraph    Russian flights to return to Sharm el-Sheikh and Hurghada for first time since 2015    Australia slams Facebook's move to block news as unnecessary and heavy-handed    Sisi calls on securing fair access to coronavirus vaccines for African nations    Egypt eyes gradual return for tourism after revenues fall to $4 bln in 2020    Seasoned Egyptian screenwriter Wahid Hamed dies at 76    Coronavirus strikes Egypt's youth team as 17 players, coach test positive    Nassef Sawiris plans to up his stake in owner of New York Knicks, Rangers    Cairo International Book Fair suspended for five months over coronavirus concerns    Trump says won't blame Egypt for being ‘upset' over GERD dispute with Ethiopia    Egypt, Ethiopia, Sudan to resume Nile dam talks today    Global Finance: Egypt's Tarek Amer among the world's top 20 central bank governors    The Facebook Preacher's Search for Fame, and Egypt's Economy    Egypt calls on UNSC to address oil spill risks off Yemen coast    Egypt economically strong in face of COVID-19, reforms ongoing: International Cooperation Minister    Arafa Holding reports $144,000 COVID-19-related losses in April    Egypt's efforts in Libya to activate free will of Libyan people: Al-Sisi    Hyksos campaigns were internal takeover, not foreign invaders: study    COVID-19 affects Egypt sporting clubs    COVID-19 will soon turn to seasonal like swine flu: Presidential Health Advisor    ‘Egypt's Support' coalition convenes to discuss its Senate election list    Robbery attempt leads to discovery of Ptolemaic monuments in Qena    Flouting international guidance, Ethiopia unilaterally starts filling its Nile dam    Zaha speaks out after online racial abuse    







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





Egyptian-Chinese cooperation in field of manufacturing electric transformers, smart counters
First founding assembly of "We Can" company will be held on Sunday to start the establishment of a plant to produce anti-tumour treatments
Published in Daily News Egypt on 20 - 05 - 2017

The National Organization for Military Production signed a cooperation protocol with the Chinese Dongfang Electric Corporation (DEC) to cooperate in the field of manufacturing three-phase transformers, smart electricity, pre-pay counters, and high-voltage measuring devices.
The two sides also agreed on the importance of expanding the cooperation between them to include research and development (R&D) in the other fields in which the company operates and in the joint manufacturing of smart metres, terminal controllers, protection circuits, and circuit breakers.
According to Mohammed Al-Assar, the Minister of Military Production, the National Organization for Military Production will cooperate with the Chinese company through the optimal utilisation of its capabilities to transfer the technology and settle this important industry, as well as joint manufacturing in cooperation with the military production companies and the training of personnel in this field. This protocol is considered the first step for strategic cooperation between the two parties.
He added that this cooperation will contribute to providing foreign currency, increasing the size of joint investments, serving the national projects in the country, and strengthening the bilateral relations between Egypt and China.
According to Deng Zhenhua, the CEO of DEC, they signed the protocol to exploit the huge potential of the military production companies to benefit from their vast experience of cooperation in that important field, such as the three-phase transformers.
Al-Assar discussed with Minister of Health Ahmed Emad El-Din Rady last week the executive position of the fields of cooperation between the two sides, through which they will establish several factories serving the medical field.
The plants to be established in cooperation between the two parties include a plant for the production of anti-tumour drugs and treatments, a plant for manufacturing self-destructing syringes, a plant for the production ofsaline solutions, a bird flu vaccine factory, and an ambulance-processing plant.
According to Al-Assar, it was agreed with the Ministry of Health to hold the first founding assembly of the "We Can"company on Sunday, aiming at initiating the establishment of a plant for the production of anti-tumour treatments.
The company includes representatives of the Ministry of Military Production and the VACSERA company, a subsidiary of the Ministry of Health and Pharco Pharmaceutical Company.
Al-Assar stressed that the start of the implementation of the project for the production of anti-tumour treatments is considered national security and became an important necessity, especially in light of the high prices of the import of this type of drug.
According to Emad Eldin, the Ministry of Health pays great attention to exploiting the potential of its large technological plants to implement a number of projects that are of interest to the health of the Egyptian citizen, in cooperation with the Ministry of Military Production.
He pointed out that the existence of this plant will save the patients the cost of these medicines and ensure their availability; it will also save the state'sforeign currency that is being exhausted in importing expensive medication for tumours.


Clic here to read the story from its source.