The Engineering Export Council of Egypt (EECE) signed a cooperation protocol with Tabseer, a Saudi company for conformity assessment services, this month to facilitate Egyptian engineering exports’ penetration in the Saudi and Gulf markets.
Executive Director of EECE, May Helmy, said that Tabseer will support the Egyptian companies to obtain the necessary quality and conformity certificates needed to enter not only the Gulf markets, but also the Middle East and North Africa (MENA) markets.
“The protocol comes at a perfect timing, as the market already has a good appetite for the Egyptian products, especially after the Saudi ban that has been imposed on the Turkish goods, which gives the Egyptian companies a golden chance in the coming period,” she said.
Helmy noted that the Egyptian engineering exports to Saudi Arabia jumped to $133m in 2019, and these figures are expected to further rise in the coming years.
Managing Director of Tabseer, Emad Essa, said that the engineering products, including machines, appliances, and electrical equipment are the top imported products by the Saudi Arabian market, reaching SAR 30bn monthly, which acts as a promising opportunity for manufacturers and exporters in Egypt.
“It is a fruitful opportunity for the Egyptian products to boost their share in the Gulf market in general and the Saudi in particular, which is the largest in the region,” Essa said.
He explained that the control measures imposed by Saudi Arabia are mainly to preserve the best quality. The process ensures the imported goods conformity to the Saudi market standards and enhances the safety of these products in order to maintain consumers’ trust, which is a significant key for high competiveness in the market.