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S. Korea, Egypt Strengthen Cooperation in Manufacturing Supply Chains

Israa Farhan The Embassy of the Republic of Korea in Egypt and KOTRA (Korea Trade-Investment Promotion Agency) jointly organized the 2025 Korea-Egypt Manufacturing Partnership Seminar on May 14, 2025, at the Four Seasons Hotel Cairo at Nile Plaza. The seminar aimed to strengthen the foundation for cooperation between Korean companies and key players in Egypt's manufacturing sector, with the goal of promoting joint growth within the manufacturing ecosystems of both countries. Egyptian participants included representatives from GAFI (General Authority for Investment and Free Zones), AOI (Arab Organization for Industrialization), and leading companies such as Elsewedy, GB Auto, El Araby, and Multicare Pharma. On the Korean side, more than 60 representatives from various companies joined the event in person and online. Ambassador Kim Yonghyon highlighted the significance of this year, marking the 30th anniversary of diplomatic relations between Korea and Egypt. He noted that over the past three decades, the two countries have developed robust economic ties in trade, investment, and infrastructure project, with manufacturing playing a central role in the bilateral partnership. Ambassador Kim emphasized that combining Egypt's potential as a regional manufacturing hub with Korea's technological and industrial competitiveness could lead to a mutually beneficial cooperation model. He also noted that Korean companies currently operating in Egypt are actively contributing to the local manufacturing ecosystem through collaboration with Egyptian firms. Furthermore, major Egyptian corporations are building partnership models with Korean SMEs, producing tangible results in industrial cooperation. He expressed hope that the seminar, which focused on promising sectors such as automotive, electronics, power equipment, healthcare, and defense industries, would lead to expanded mutual benefits and sustainable growth in the manufacturing sectors of both countries. As a follow-up to the seminar, KOTRA will organize a two-week online business matchmaking event from May 15 to 29, enabling one-on-one consultations between Korean and Egyptian companies to explore concrete opportunities for cooperation in manufacturing. read more Gold prices rise, 21 Karat at EGP 3685 NATO's Role in Israeli-Palestinian Conflict US Expresses 'Strong Opposition' to New Turkish Military Operation in Syria Shoukry Meets Director-General of FAO Lavrov: confrontation bet. nuclear powers must be avoided News Iran Summons French Ambassador over Foreign Minister Remarks News Aboul Gheit Condemns Israeli Escalation in West Bank News Greek PM: Athens Plays Key Role in Improving Energy Security in Region News One Person Injured in Explosion at Ukrainian Embassy in Madrid News Egypt confirms denial of airspace access to US B-52 bombers Lifestyle Pistachio and Raspberry Cheesecake Domes Recipe News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia News Australia Fines Telegram $600,000 Over Terrorism, Child Abuse Content Arts & Culture Nicole Kidman and Keith Urban's $4.7M LA Home Burglarized Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Sports Neymar Announced for Brazil's Preliminary List for 2026 FIFA World Cup Qualifiers News Prime Minister Moustafa Madbouly Inaugurates Two Indian Companies Arts & Culture New Archaeological Discovery from 26th Dynasty Uncovered in Karnak Temple Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War