For that purpose, our CEO, Pablo Montañés, our Financial Director, Marcello Faticoni and our Export Portfolio Manager, Jordi Usó have concluded on Monday, 30th of September 2019, the formalizations for the Cairo Plan, an ambitious project to have our own branch in the country of the Pharaohs, Egypt, to become a reality. In doing so, Sipcam Spain takes a step forward in achieving the Strategic Objectives set out in our 2019-2023 Strategic Plan that put the North-African market prominently in the spotlight.
This direct presence, together with strengthening our links with our long-standing partners in the country, will allow Sipcam to offer our customers and also our Japanese partners the security and assurance that Sipcam generates, now also as a domestic company in Egypt.
We are really excited to share this news with you. We hope that this new objective that has already been achieved leads us to even more successful and long-lasting results in the near future.