Business Hub-Cairo:
Dr. Amr Talaat, Minister of Communications and Information Technology, witnessed the signing ceremony of a cooperation agreement between HMD International, which owns the global brand Nokia. and Etisal Company for Advanced Industries (EAI) in Egypt. With the aim of manufacturing one million different models of mobile devices between feature phones and smart phones, And that during the current year with a doubling of production in the coming period.
The agreement was signed by Tamer El-Gamal, General Manager of HMD Company in Egypt, and Ahmed Abu Auf, Managing Director of Etisal Advanced Industries, EAI; In the presence of Alain Lejeune, Head of Operations at HMD Global OY, owner of the Nokia brand, Wen Chang, Executive Vice President, Products, Eng. Amr Mahfouz, Executive Director of the Information Technology Industry Development Authority, Dr. Hossam Othman, Vice President of the Information Technology Industry Development Authority, and a number of leaders of the Ministry of Communications and Information Technology. And two companies, Etisal for Advanced Industries, EAI and HMD
Dr. Amr Talaat stressed that this agreement comes as a consolidation of the state’s efforts in creating a supportive climate for the growth of international companies’ investments in Egypt. It also comes as an affirmation of the government’s keenness to encourage and motivate the private sector to manufacture within Egyptian factories to transfer knowledge and experiences and localize the electronics industry in a way that contributes to the development of this important industry and creating specialized job opportunities for young people in the field of information technology and electronics. He pointed out that Egypt is taking steady steps towards deepening local manufacturing, in implementation of the presidential initiative “Egypt Makes Electronics”, which aims to enhance Egypt’s position in the field of electronics design and manufacture.
For his part, Ahmed Abu Auf, managing director of Etisalat Advanced Industries (EAI), confirmed that the agreement works to produce the Nokia mobile phones required by HMD Global OY with international quality, including electronic components, assembly, packaging and testing. Completely similar to international products in quality and efficiency, Which achieves Egypt’s strategy in its quest to localize the technology industry and make Egypt a regional center for advanced industries.
Tamer El-Gamal, General Manager of HMD Global OY, added that under the agreement, HMD will provide EAI with the production requirements of raw materials, inspection and testing tools, and calibration equipment necessary for the production process. We will also provide the factory in Egypt with the transfer of technological expertise and technical support by training the Egyptian cadres in technical and technical terms at the hands of Nokia experts from Finland, In addition to providing all means of support to benefit from the company’s research and development centers to provide the best specifications and products that meet consumer needs.
It is worth noting that EAI, through its factory located in 6th of October, develops and manufactures advanced electronics in Egypt. With a production capacity of more than 2 million units this year, To reach ten million units annually in the coming years.
