Egypt and Ireland are seeking to deepen industrial cooperation across a range of high-value sectors, including pharmaceuticals, electronics, software development and telecommunications, as both countries look to strengthen trade and investment ties, Egypt’s Minister of Industry Khaled Hashem said following talks with Irish Ambassador Aidan O’Hara in Cairo.
The meeting, attended by senior officials from Egypt’s Ministry of Industry, focused on identifying new opportunities for industrial collaboration and preparing for an upcoming visit by a delegation from Ireland’s export development agency later this month to explore investment and trade prospects in Egypt.
During the discussions, Hashem emphasized that Egypt is keen to leverage Ireland’s expertise in advanced industries to support local manufacturing, technology transfer and workforce development.
He noted that the ministry’s updated industrial strategy has identified several priority sectors for expansion and investment attraction, including pharmaceuticals, particularly active pharmaceutical ingredients (APIs), as well as food processing, textiles, electronics and other high-value manufacturing industries.
According to the minister, Irish companies possess extensive experience in many of these sectors and could play a significant role in supporting Egypt’s efforts to localize production, strengthen industrial capabilities and enhance technological competitiveness.
Hashem also proposed that the Irish trade delegation study the establishment of a joint Egyptian-Irish Business Council during its planned visit to Egypt.
The initiative would aim to increase bilateral trade, attract new investments, facilitate knowledge exchange and strengthen partnerships between the private sectors of both countries.
The minister reaffirmed the Egyptian government’s commitment to supporting Irish companies operating in the country and addressing any challenges that could affect their expansion plans.
On his part, Ambassador Aidan O’Hara described Egypt as one of Ireland’s most important partners in the region and reiterated Dublin’s commitment to expanding economic cooperation.
The ambassador revealed that several Irish companies operating in pharmaceuticals, life sciences and artificial intelligence are considering new investments in Egypt, citing the country’s improving infrastructure, investor-friendly regulatory environment and growing market opportunities.
The planned visit by Ireland’s export promotion delegation is expected to provide a platform for further discussions with Egyptian government officials and private-sector representatives, potentially paving the way for new partnerships in strategic industries.
Follow the latest news on Google News
