CAIRO – Executive President of the General Authority of Free Zones and Investment (GAFI) Mohamed Abdel Wahab reiterated on Thursday the authority’s keenness on turning Egypt into a main centre for Hungarian investments in the region.
In a statement on Abdel Wahab’s meetings in Hungary on the second day of his visit, leading a delegation of Egyptian investors, the cabinet said the GAFI executive president met with representatives of major Hungarian companies to mull available investment opportunities.
Head of the Suez Canal Economic Zone (SCzone) Yahia Zaki and Egyptian Ambassador to Hungary Mohamed el- Shenawi attended the talks.
Abdel Wahab met with officials from Tungsram company that offers lighting and intelligent lighting-based services, smart solutions for buildings and cities, as well as tailor-made “greentech” solutions.
He also met with representatives of Ganz Holding, KÉSZ and korostej companies.
He held talks with officials from Hungarian Export and Import Bank that offers financing services to Hungarian companies seeking to invest abroad.
The two sides discussed the facilities GAFI offers to Hungarian companies to start pumping money into Egyptian market.
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