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Ukraine Invites Egypt To Expand Joint Aircraft Building

June 2, 2008

Ukraine has proposed to its Egyptian counterparts to develop long-term cooperation in aircraft building. The Ministry of Industrial Policy announced this at the Fifth Joint Session of the Ukraine-Egypt Intergovernmental Commission for Cooperation in Trade and Technology May 20–21, under the aegis of Ukraine’s Minister of Industrial Policy, Volodymyr Novytskiy, and the United Arab Republic of Egypt’s Minister of International Cooperation, Faisah Abulnaha.

During the course of the meeting, the two sides also discussed trade and investment cooperation, atomic energy and other industrial sectors.

The UAR’s Transport & Engineering Company showed interest in building a joint concern to manufacture rails. The Egyptians also are interested in using Ukrainian technologies in various branches of industry. Egypt-based Sugar Integrated Industries plans to work with Ukrainian partners in manufacturing machinery and equipment and constructing plants for exporting product to third countries.

Looking at joint efforts in the extraction of oil and gas, the two countries agreed on the importance of expanding existing efforts between them in terms of exploring and exploiting oil and gas deposits in eastern side of Alam El Shavish in the Western Desert of Egypt within the framework of a Concessionary Agreement between the Government of Egypt, the Egyptian State Oil & Gas Corporation, and NAK Naftogaz Ukrainy.

The work of the Ukrainian-Egyptian Committee for Science and Technology was also praised at the meeting for the joint Ukrainian-Egyptian projects completed over 2007-2008. The Egyptians proposed looking into the possibility of establishing joint public-private companies in the manufacture of tractors, machinery, mid-sized fishing vessels, and refrigerated trucks, as well as the production of heavy trucks with VAT KrAZ in Kremenchuk.

Egypt’s General Authority for Implementing Industrial and Metallurgical Projects proposed cooperating with Ukraine in engineering and in carrying out industrial projects. The next, Sixth Joint Session of the Commission is scheduled for 2009 in Cairo.

Tags: aircraft building