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Egyptian Gazette
Home Egypt

PM stresses important role of Private Sector with gov. to achieve development

by Gazette Staff
March 24, 2022
in Egypt, Local
Egypt's PM Moustafa Madbouli.

Egypt's PM Moustafa Madbouli.

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CAIRO – Egyptian Prime Minister Moustafa Madbouli asserted the pivotal role the private sector plays together with the government to achieve development and maintain growing economic growth rates.

That will mainly contribute to creating more job opportunities in different sectors in view of overpopulation problem in the country and the government’s endeavours to offer one million job chances annually, added Madbouli during talks with a delegation representing the US Chamber of Commerce on Wednesday.

A number of ministers and senior state officials attended the meeting.

The premier called on US companies to pump more investments in the Egyptian market to benefit from big potentials it has.

The private sector can contribute to carrying out several projects in Egypt, with special focus on developmental sectors, topped by industry and production, he said.

The State is ready to offer any required incentives for luring new investments by the Private Sector, added Madbouli.

Tags: EgyptPrime Minister Moustafa Madbouliprivate sector

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