PM urges ADTRAN Inc. to invest in communications equipment in Egypt

Prime Minister Moustafa Madbouli on Friday 18/10/2019 called on US company ADTRAN Inc. to inject direct investments in the field of manufacturing different networking and communications equipment in Egypt, especially in light of free trade deals that Cairo signed with various regions of the world.

Madobuli made the remarks during a meeting with ADTRAN Inc. chairman, in the presence of the ministers of investment and communications, as well as the Egyptian ambassador in Washington.

During the meeting, the US company head briefed the premier on ADTRAN Inc. activities in the areas of communications and fiber optics, citing the existing cooperation with the Arab Organization For Industrialization (AOI) to establish a communications network in the New Administrative Capital.

In this regard, the Egyptian communications minister reviewed the progress made by the country in the sector of communications and information technology over the past few years, pointing out that Egypt is now enjoying an advanced infrastructure in this domain.

Source: State Information Service Egypt