His Excellency the Minister of Trade and Industry has issued Resolution number 418 for 2009 regarding setting up and formation of the Industrial Vertical Integration Council. This is to be implemented through a clear policy for expanding the use of local materials and maximizing governmental purchase
of local product. This emphasizes that Egypt's competitiveness in the forthcoming period depends basically on increasing the added value in the industrial production and increasing Egyptian exports. Accordingly, IMC has set the Industrial Vertical Integration programme for a number of targeted
industrial sectors, with the following objectives:

Objectives:

• Developing national Awareness regarding the vitality of local industries for the economy
  
• Enhance individual capabilities of Engineering and industrial companies in the field of design, manufacturing machines,equipments and production lines.
  
• Achieve the highest percentage of local content in all governmental procurement and national projects
  
• Integrate all national industrial institutions to rationalize investments and increase local content percentage
  
• Attract foreign direct investment forthe purpose of vertical integration and increasing value-added in the Egyptian industries
  
• Protect intellectual property rights for national industries
  
• Formulate database for competitive SMEs/Suppliers in-order to link them to Tier one manufacturers or exports

Methodology:

• Identify and analyze industrial value chains from a sectoral perspective
  
• Determine the quantity and volume of imported production components to initiate import substitution process
  
• Propose and lobby on policies and implementation strategies with all involved stakeholders to achieve the objectives
  
• Conduct feasibility studies and prepare business case for each identified product
  
• Promote and market identified investment opportunities locally and internationally
  
• Facilitate and provide the required technical support for the success of those investments
  
• Integrate the initiative with the National Suppliers Development Programme to capitalize on the success achieved by this promising project, which increased the local content percentage in the
  automotive and white goods Industry