CAIRO – Egyptian Minister of Finance Mohamed Maait asserted that all state bodies are keen on providing all possible means to encourage local and investments and remove any hurdles facing investors in order to push forward the economic growth movement and provide more job opportunities.
This came during Maait’s meeting with the new Japanese ambassador in Cairo Oka Hiroshi earlier on Monday.
During the meeting, Maait said there are promising chances for the Japanese automobile companies to invest in Egypt in the field in light of the state’s transformation to modern transportation systems and eco-friendly ones.
He extended thanks to the Japanese side over backing the universal healthcare system as well as its participation in the development of the educational system in Egypt through the Japanese schools experiment.
Meanwhile, the Japanese diplomat voiced his admiration of the big changes taking place in Egypt as he has recently witnessed a big modernization march in all aspects of life, asserting that Egypt is a key factor for stability at the regional and continental levels.
He said there are new Japanese companies which have decided to pump more investments to Egypt in the coming phase to benefit for the business climate luring foreigners.
The two sides also discussed the possibility of issuing Egyptian bonds for the first time in Japan as part of the state’s plan to issue various governmental bonds of medium and long terms.
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