Morpho Egypt to Launch Phase I of its Training Center with EGP10mln

Morpho Egypt Company, a subsidiary of French group Safran targets launching Phase I of the training center which affiliated to it in Cairo with EGP10million investments by the end of the current year.

General Manager of Morpho Egypt, Walid Fouad  said Morpho seeks finalizing the center completely with EGP100million investments by the upcoming 3 years.

Morpho eyes investing EGP500million with 40% growth rate in compared to the previous year which is EGP300million, Fouad explained.

Morpho is aiming investing in the launch of manufacturing centers so as to manufacture electronic reader devices for the elections, Fouad illustrated.