The machinery and equipment division at the Federation of Egyptian Industries (FEI) seeks to hold annual exhibitions in Africa for Egyptian machinery and equipment, according to division head Mohamed El-Menshawy. He explained that these exhibitions would encourage other African nations to buy and rent Egyptian machinery and equipment. He added that after Ghana, the division is considering holding similar exhibitions in Kenya and Sudan. In addition, the division is considering holding resale exhibitions to sell machinery from larger companies to other companies. Leasing machinery in Egypt has limitations, as companies lack sufficient solvency to lease or rent equipment to and from other local companies rather than to larger companies or those outside Egypt, the division head concluded.

Source: Daily News Egypt October 17, 2016 06:33 UTC