Economic expert Khaled El-Shafei commended President Abdel Fattah El-Sisi’s proposal to establish a university for science and technology in Egypt, along with Korean-style schools, stating that such institutions will significantly advance the country’s educational and technological landscape. He described the initiative as a pivotal step toward building a modern educational infrastructure capable of producing graduates ready to lead a technological transformation in Egypt. n nIn an interview with “Baladna El-Youm,” El-Shafei emphasized that Egypt must now develop advanced educational systems to meet industrial demands and labor market needs. He noted that a technically skilled workforce will be essential for staffing diverse projects across the country, enhancing both domestic and international competitiveness. n nHe highlighted key sectors poised for growth through this bilateral cooperation, including petrochemical plants, automotive manufacturing, and shipbuilding within the Suez Canal Economic Zone. These developments, he said, will play a crucial role in strengthening Egypt’s economy and paving the way for major joint ventures in the coming years. n nEl-Shafei added that the partnership will inject fresh momentum into planned Egyptian projects, meet the expectations of large corporations operating in the country, generate employment opportunities, reduce import dependency, and boost export capacity. He concluded that the collaboration between Egypt and South Korea is set to drive substantial economic advancement, positioning Egypt as a key industrial and logistics hub in the region. n— news from
— News Original —nEconomic expert praises cooperation with South Korea in science and technology field n nEconomic expert Khaled El-Shafei affirmed that he values President Abdel Fattah El-Sisi’s proposal to establish a university for science and technology in Egypt, as well as establishing Korean schools, pointing out that this university will significantly contribute to developing the educational and technological process, and will be one of the most important outputs of modern education in the country. n nThe economic expert explained to “Baladna El-Youm” that the time has come for Egypt to have an advanced educational infrastructure and positive outcomes in this field, considering that this expansion represents a wonderful step that will qualify university graduates to make a real technological revolution on the ground in Egypt, meeting manufacturers’ ambitions and labor market needs. n nEl-Shafei added that a technically and technologically trained workforce will enable them to fill jobs in multiple projects within Egypt, qualifying the Egyptian workforce to be more efficient in both the local and external labor markets, and allowing the business community to benefit from qualified human capabilities. n nEl-Shafei pointed out that the most important sectors that will witness significant improvement as a result of this cooperation are the establishment of petrochemical factories, car factories, and shipbuilding within the Suez Canal Economic Zone, affirming that these sectors will make a fundamental difference in favor of the Egyptian economy, and pave the way for launching new major projects between the two countries in the coming period. n nHe noted that this cooperation will inject new blood into the projects planned to be established within the Egyptian state, meet the ambitions and needs of major companies operating in Egypt, provide more job opportunities, reduce imports, and work to increase exports. n nHe emphasized that the partnership between Egypt and South Korea will achieve a huge economic leap in the scale of projects required by the Egyptian economy, paving the way to meet local market needs and enhance Egypt’s position as an important industrial and logistical center in the region.