Egyptian Prime minister, Mostafa Madbouli has re-echoed the role of technical education and the private sector in boosting industrial innovation across the nation. He made the assessment during the inaugural ceremony of the Al- Suwaidi University of Technology.
Egypt’s Prime Minister Mostafa Madbouli has underscored the paramount importance of the private sector in the country as the primary engine of development.
He emphasizes that technical education is the cornerstone for initiating industrial renaissance, aligning with global precedents. This is not the first time, the government is reechoing the essence of the private sector in contributing to the growth of the nation.
During his address at the inauguration of the Al-Suwaidi University of Technology, he reiterated that all technical institutions under private sector operation and management have emerged as exemplary models of success. It should be recalled that the Prime Minister equally inspected the factory of the Sumitomo (SEI) Electronic Wire, Inc. in the city of the 10th or Ramadan.
The Prime Minister reaffirmed the government’s commitment to prioritizing the industrial sector, noting the concerted efforts across state agencies to enhance infrastructure, offer incentives, and overcome obstacles hindering its growth.
These measures aim to bolster investment and foster development in this vital sector, essential for achieving comprehensive economic advancement and meeting strategic targets.