Arab Organization for Industrialization (AOI) signed a cooperation protocol with Saad El-Din Group to reinforce the localization of technology of converting vehicles to run on natural gas.
The Chairman of the AOI, Abdel Moneim Altras, mentioned that the aim of the partnership is to manufacture components of storages and stations that convert vehicles to run on natural gas to save cost and reduce the imports of these components.
Per the agreement, Saad El-Din group will benefit from AOI to manufacture cylinders, provide shipments, operate stations that convert vehicles to run on natural gas, supply and transport CNG, in line with international quality standards and market prices. For his part, the Chairman of Saad El-Din Group, Mohamed Saad Eldin, praised AOI’s pivotal role in introducing the latest production technologies and reinforcing local manufacturing per international quality standards.