MSMEDA collaborates with JICA to boost industrial competitiveness

Basel Rahmy, the CEO of the Micro, Small and Medium Enterprises Development Agency (MSMEDA), has reaffirmed the company’s dedication to worldwide collaboration to boost the productiveness and competitiveness of Egypt’s industrial and production-focused SMEs.

This effort, facilitated by way of partnerships with world growth businesses, goals to create a extra engaging funding setting, empower native industries, generate sustainable employment for youth, and enhance undertaking competitiveness each regionally and internationally.

Rahmy’s statements got here as MSMEDA concluded the primary section of a joint technical cooperation programme with the Japan International Cooperation Agency (JICA) to develop choose industrial tasks in Egypt’s Minya and Alexandria. This initiative is a component of a bigger undertaking to boost the competitiveness of SMEs by way of focused enterprise growth providers.

According to Rahmy, Prime Minister Mostafa Madbouly has emphasised the significance of collaborating with worldwide specialists to enhance Egypt’s industrial panorama. By incorporating superior technological and technical experience, Egypt goals to strengthen the productiveness and high quality of native industries, increasing their potential to enter world markets. MSMEDA’s financing and non-financing assist providers, mixed with enhanced industrial complexes, additionally assist meet native market calls for and cut back reliance on imports.

The programme, applied with JICA’s assist, particularly goals to enhance the productiveness of meals trade tasks in Minya and plastic manufacturing on the Margham industrial advanced in Alexandria. Utilizing Japan’s “Kaizen” method—a strategy centered on steady productiveness and high quality enchancment—the initiative has led to decreased working prices, improved undertaking profitability, and enhanced competitiveness.

Phase one concerned hands-on collaboration with Japanese specialists who carried out on-site visits to factories in each governorates, offering technical consultations and sensible options to boost productiveness and implement extra environment friendly working methods.

Raafat Abbas, MSMEDA’s Deputy Executive Director, stated that the collaboration consists of coaching personnel inside SMEDA and associate organizations to implement Kaizen throughout numerous governorates, making certain that Egyptian SME builders achieve invaluable, sustainable experience.

JICA President Kato Ken praised the initiative, highlighting the numerous advantages introduced by the Kaizen methodology, which resulted in tangible enhancements for taking part SMEs. He expressed JICA’s enthusiasm for the upcoming second section, which is able to concentrate on offering extra assist to assist companies maintain and increase their operations.

MSMEDA and JICA officers, alongside representatives from the Japanese Embassy and JICA headquarters in Japan, lately held a gathering to overview section one outcomes and plan future cooperation. This assembly additionally marked the celebration of 70 years of Egyptian-Japanese cooperation.

To conclude section one, two workshops had been held in Alexandria and Minya, attended by JICA Egypt-Yemen Chief, Minya Governor Emad Kadwani, Alexandria Development Director Mohamed Salah, Japanese Embassy First Secretary Takaki Yamamoto, parliamentarians, growth companions, and taking part enterprise house owners. These workshops showcased section one achievements, together with productiveness will increase of as much as 25%, optimized manufacturing house utilization by as much as 40%, decreased waste, and vitality effectivity enhancements—all contributing to decreased prices and better profitability for the taking part SMEs.