Egyptian Minister of Finance, Dr. Mohamed Maait, affirmed that Egypt has become more attractive to investments with promising development opportunities based on a strong and supportive infrastructure, which has become more capable of accommodating the expansion of investment activities.
The Minister of Finance said during his meeting with representatives of the American Export-Import Bank, in the presence of Dr. Rania Al-Mashat, Minister of International Cooperation, and Ahmed Kajouk, Deputy Minister of Finance, on the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank: “The economic recovery plan from the effects of the current global crisis includes a package of measures stimulating foreign investments. and local, especially the private sector, and there is a new document for state ownership policy, which is a national strategy aimed at maximizing the participation of the private sector in economic activity; Which represents a message of reassurance to local investors and an element of attracting foreign investments, and enhancing the confidence of international institutions.”
The Minister of Finance called on representatives of the US Export-Import Bank to take advantage of investment opportunities, especially in the sectors of energy, petrochemicals, water desalination, medicine, communications, information technology, iron and steel, and transportation, saying: “We look forward to the bank playing a low-cost financing role for green projects, and we look forward to a greater role for international partners as well. in financing development projects, especially green projects, in Egypt; In a way that contributes to strengthening the structure of the national economy and laying the foundations for a decent life for citizens.
Source: Cabinet
