Gunnebo Entrance Control has announced a strategic partnership with the Arab Organisation for Industrialisation (AOI) and the Transport Information Technology Company (TransIT), a subsidiary of the Ministry of Transport, Egypt. The new collaboration is set to enhance local manufacturing capabilities and support technological localisation in the production of electronic gates, leveraging advanced Swedish expertise.
In a significant step towards reducing imports and boosting local production, a tripartite Memorandum of Understanding (MoU) has been signed between TransIT, the Arab British Company for Dynamic Industries (ABD), a subsidiary of AOI and Gunnebo Middle East. This MoU aims to facilitate the manufacturing of electronic gates with local content marking a substantial advancement in Egypt's industrial sector.
MoU signing ceremony
The event highlighted the shared duty to improve bilateral alliance and industrial growth
The MoU signing ceremony was graced by the General Director of AOI Major General Engineer Abdel Rahman Abdel Azim Othman, the Ambassador of Sweden to Egypt His Excellency Mr. Håkan Emsgård, and Chairman and Managing Director of TransIT Major General Engineer Khaled Mohamed Attia. The event highlighted the shared commitment to enhancing bilateral cooperation and fostering sustainable industrial growth.
His Excellency Mr. Håkan Emsgård highlighted the significance of this collaboration, stating, "This partnership not only strengthens the ties between Egypt and Sweden but also opens up new avenues for investment, knowledge exchange, and technological integration, benefiting both nations."
Importance of the Made in Egypt initiative
Chairman of AOI Major General Engineer Mokhtar Abdel Latif, expressed his pride in this collaboration, emphasising the importance of the "Made in Egypt" initiative. He noted the AOI is dedicated to reducing import dependency and increasing the value-added in various industries, particularly high-tech sectors like electronic security.
The partnership will focus on producing electronic gates for a variety of applications, including metro systems, corporate offices, shopping malls, public buildings, airports, and border crossings. The collaboration aims to develop smart, integrated solutions for the design, manufacturing, and assembly of these systems, to meet the needs of both the local and export markets.
Economic benefits of the collaboration
The project aligns with the country's broader goals of industrial growth and technological invention
Chairman and Managing Director of TransIT Major General Engineer Khaled Mohamed Attia, emphasised the economic benefits of the collaboration for Egypt, noting the project aligns with the country's broader goals of industrial development and technological innovation.
This initiative is part of a broader effort to localise technology in Egypt, enhance local manufacturing rates, and attract international investments. By integrating Swedish technological expertise with Egyptian manufacturing capabilities, the partnership aims to support sustainable development and various national projects.
Success of partnership
Vice President of Gunnebo Group Jacob Toma, concluded, "Gunnebo Entrance Control is proud to bring its expertise to this partnership, working with the Arab Organisation for Industrialisation and TransIT to ensure the required efficiency, the highest level of quality, speed in implementation and delivery on time to a world-class expectation that meets international standards."
"Even after the work is complete, we will remain committed to providing ongoing support and after-sales service, ensuring the longevity and success of this partnership and the projects we undertake together.”