Arab Finance: The Arab Organization for Industrialization (AOI) has inked two cooperation protocols with the Cotton and Textile Industries Holding Company (CTIHC) and the Holding Company for Tourism and Hotels (HOTAC) to promote local manufacturing, as per a statement.

The agreement signed with the CTIHC covers benefiting from the AOI’s manufacturing and technological potential, including machines, equipment, research centers, labs, and staff, to localize the manufacturing of metal or plastic spare parts.

It also includes providing the company with the needed renewable energy systems, surveillance cameras, interactive screens, water treatment plants, and other services.

On the other hand, the agreement signed with HOTAC comprises offering AOI’s products via HOTAC’s subsidiaries to meet the local market demand for high-quality eco-friendly products.

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