Egypt’s AOI signs MOU with China aerospace construction group company

Egypt’s state-owned company the Arab Organization for Industrialization signed a contract and a memorandum of understanding with the Chinese company China Aerospace Construction Group Company (CACGC) during the IDEX 2023 defence exhibition held in Abu Dhabi, UAE.

AOI signed the partnerships with major international companies in the defense industries, in implementation of the directives of President Abdel Fattah El-Sisi on the importance of localizing technology and increasing the proportions of the local component and added value in various defense industries

This came during the activities of the fourth day of the participation of Arab Industrialization in the IDEX Abu Dhabi 2023 exhibition, where a contract and a memorandum of understanding were signed with the Chinese company CACGC which specialises in the field of defense equipment.