Egypt expresses 'deep dissatisfaction' to Netherlands over embassy attack    Global pressure mounts as Gaza fighting intensifies and death toll surges    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    At TICAD, Egypt's education minister signs pacts with Casio, SAPIX    Egypt holds special importance for our investments across diverse sectors: Japanese minister    Cairo, Tokyo sign LOI to expand educational cooperation, support for persons with disabilities    Madbouly invites Japanese firms to establish industrial zone in SCZONE    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Al-Sisi meets Qatar PM, Bahrain security adviser to discuss Gaza crisis, regional stability    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    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.



AIC considers establishing security equipment factory with EGP 50m investments
Published in Daily News Egypt on 11 - 11 - 2017

Al Maalim International Company for General Supplying and Control Systems (AIC) has revealed that it is in negotiations with an international company, with the aim of establishing a factory of the company in Egypt on an area of 3,000 sqm, with initial investments worth EGP 50m.
Mahamoud Kamel, chairperson and managing director of AIC, said that the Egyptian market is considered promising; hence, the company made a decision to head towards manufacturing through establishing a centre for collection on one of the floors of the company's headquarters' in New Cairo. It is planned to be opened before the end of this year on an area of 550 sqm as a first step until the preparation of the headquarters of the factory is completely ready to be opened during the second half of 2018.
"The factory will manufacture several products affiliated to an international brand with a large market share," Kamel said. He stressed that this step will help reduce importation from abroad and reduce the exit of foreign currencies outside Egypt and providing products as soon as possible, as well as export to the Arab region, the Middle East, and Africa, especially that AIC's factory is considered the first of its kind in the Middle East.
"The factory will include more than 70 specialists who will receive training outside Egypt on a high professional level. The factory is expected to increase local production of some international products, as well as create new job opportunities for young people, reduce costs, and transfer expertise to the local market," Kamel explained.
He went on to explain that the added value of the manufacturing process will appear on the medium term through the tendency to manufacture some parts locally, eventually deepening the local industry and increasing its competitiveness in the local and foreign markets.
AIC is the exclusive agent of many brands in the field of security and protection, such as Evolis & TiSO. It is also a strategic partner of major specialised international companies, including IDTECK, Stid, Dahua, FAAC, Cubitech, 3xLogic, HID, Circontrol, Tiandy, Dmax, Videofied, Invixium, INSTEK, and others. The company is working in three major fields. The first is related to issuing and printing cards, such as ID cards, membership cards, and loyalty cards.
The company works in the sector of control and surveillance through surveillance cameras and photo and video storage systems. The second sector that the company works in is the system of entrance and exit times and controlling the system of reading cards. The third sector is electronic gates and security barriers, as well as individuals' gates, such as Road Blocker, Tire Killer, Barriers, Turnstile, and motors of glass and steel doors.


Clic here to read the story from its source.