EGP 7.3bn allocated to developing Egypt’s military production
Ministry of State for Military Production plans to increase ammunition, weapon, equipment manufacture.
Egypt’s Ministry of State for Military Production has developed an integrated plan to develop the country’s system of military manufacture, at a value of EGP 7.3bn.
The plan includes meeting the needs of the Armed Forces from 2020 to 2030, and to direct the surplus for export in the period from 2025 to 2030.
Daily News Egypt has learned about the details of the plan, which includes: deepening local manufacturing; increasing the role of technical research; creating cooperation with international companies; and completing the development and rehabilitation of production lines.
The Ministry of State for Military Production prepared a plan to develop the production of ammunition in coordination with the Ministry of Defence at a cost of EGP 2.8bn.