HATS Egypt 2022

The 4^th edition of  HATS Egypt was  inaugurated on October 2, 2022 by  Eng. Mohamed Abdel Karim, Acting Chairman of the Industrial Development Authority, Minister Plenipotentiary Yehya Al Wathek Bellah, Head of the Egyptian Commercial Service, Eng. Sherif El Sayad, Chairman of the Engineering Export Council,  and May Helmy, Executive Director of the Engineering Export Council.

HATS 2022 was organized by the Engineering Export Council and partnered with USAID Trade Reform & Development in Egypt (TRADE) Project. HATS 2022 hosted 80 international Buyers from 21 countries participated and meet 35 Egyptian manufacturers in a matchmaking process, in order to boost the Egyptian Engineering Exports.

Eng AbdelKerim affirmed that HATS is considered the best Egyptian export promotion hub with the fastest outcome, as such events give the chance to the Egyptian manufacturers to meet (B2B) international   buyers to make business deals, which is the best way for the Egyptian industry promotion.

The engineering sector is one of the main promising sectors in Egypt, as the local component in Home Appliances reaches  80 %, which is a good percentage in the industry. “Such sector features a distinguished attention from the Ministries of  Trade & Industry, and Industrial Development in the upcoming period. while quick solutions are being studied to facilitate procedures that face the engineering factories and all Egyptian factories,” he said.

Eng. Sherif El Sayad, Chairman of Engineering Export Council, said that HATS event is a real opportunity to increase exports of Home Appliances, Kitchen &Tableware; besides, he highlighted the impact of the three previous editions of HATS and its contribution to the significant increase of exports of participating sectors; The exports of Home Appliances, Kitchen and Tableware hiked by 47% in 2021 reaching $1.614 bn compared to $1.092 bn  in 2020, He moreover shed light on the  increase of exports in these two sectors during the first 8 months of 2022 reaching  $1.099 bn affirming the surge in the exports of these two sectors

The Italian Chamber of Commerce, CCI-Egypt, was one of the VIP invitees to attend such important event; nevertheless, CCI- Egypt representatives were keen on meeting the participating companies, 35 Egyptian companies, to let them know about promotion opportunities to export to the Italian market.

As CCI-Egypt is concerned with expanding relations within the business sectors, CCI representatives had the honour to meet Eng. Mohamed Abdelkerim, Head of the Industrial Development Authority, and illustrated the significant role of the Italian Chamber of Commerce in Egypt to assist the Egyptian companies in the internationalization process to export their products to the Italian market. The Secretary General of the Italian Chamber of Commerce declared that more than 50 companies will be visiting Ecomondo- Key Energy 2022 in Rimini (Italy), international exhibition of advanced green technology and innovation of circular economy. The SG of CCI-Egypt said also that the Engineering Export Council has been invited to organize a group of Egyptian companies to visit the exhibition from the 8^th to the 11^th of November.  Finally, he expressed his pleasure to attend such a prestigious event well-organized by the Engineering Export Council and expressed the auspice to cooperate with the EEC to organize a similar event to export to the Italian market.

CCI Egypt representatives met also Eng. Yehia Al Wathek Bellah, Head of the Egyptian Commercial Service,  among the cooperative efforts with governmental bodies to develop the commercial exchange between Egypt and Italy.

The Engineering Export Council of Egypt (EEC) was formed in 1997 as an advisory body to the Ministry of Trade and Industry with the objective of fostering engineering exports to international markets, and attracting foreign direct investment that can contribute to export development.