French shipbuilder launches Egyptian subsidiary Alexandria Naval

French shipbuilder Naval Group officially opened Alexandria Naval for Maintenance and Industry, its Egyptian subsidiary which will be responsible for the maintenance of Egyptian Navy vessels built and delivered by Naval Group.

“The strategic alliance between Naval Group and Egypt contributes actively to the international rise of the Egyptian Navy while contributing to its modernization process. The subsidiary will reinforce this effort by establishing a continuous local footprint,” the company said in an announcement.

Alexandria Naval for Maintenance and Industry (ANMI) will guarantee the optimal use of the vessels as well as carrying out the upcoming upgrades on the four Gowind corvettes, the two LHD, the FREMM frigates and other potential vessels.

The maintenance activity will complete the successful industrial cooperation program supporting the construction process of the three locally built Gowind corvettes. This operational subsidiary will be the privileged platform to support the ongoing dialogue with Egyptian actors within the frame of the multiannual naval contracts. The new entity is expected to generate direct and indirect jobs in the related industrial sectors in Egypt.

“Naval Group is strongly committed to maintain the performance of the Egyptian Navy’s vessels over the long run. The multiannual maintenance contract constitutes a major milestone and will grant an additional industrial capacity for ANMI.’ declared Nathalie Smirnov, Naval Group’s Executive Vice President in charge of Services.

The creation of the subsidiary constitutes an additional constructive step in Naval Group’s long-term partnership with Egypt. In July 2014, the Ministry of Defense of the Arab Republic of Egypt signed a construction of four Gowind corvettes. The first of class was built in Lorient and delivered to Egypt on September 2017. The second of the series is currently built through technology transfer in Alexandria Shipyard and was launched in September 2018. Naval Group delivered the Fremm multi mission frigate Tahya Misr in August 2015. In June 2016, Naval Group delivered two Mistral-class Landing Helicopter Dock vessels to the Egyptian Navy.