President El-Sisi follows-up on the localization of the fishing vessel industry in Egypt

Today, President Abdel Fattah El-Sisi met with Prime Minister, Dr. Mostafa Madbouly; Minister of Local Development, Major-General Hisham Amna; Chairman of the Suez Canal Authority (SCA), Lieutenant-General Osama Rabie and CEO of the South Red Sea Shipyard (SRSS), Mr. Mostafa El-Degeishy.

The Spokesman for the Presidency said the meeting followed-up on efforts to localize the fishing vessel industry in Egypt.

President El-Sisi was briefed on progress in efforts to localize the modern fishing vessels industry. The President gave directives to simultaneously integrate the construction process of these boats with the state’s efforts to upgrade natural lakes nationwide and with initiatives to support fishermen. This shall double the fish production of these lakes, and hence support the economic conditions of fishermen, boost food security and the national economy, implement the state’s firm strategy of sound management, and leverage Egypt’s natural resources.