CAIRO – Minister of Petroleum and Mineral Resources Tareq el Molla asserted Egypt, which has launched a flexible strategy to best optimize the country’s mineral resources, succeeded in luring global investments and capitalized on various experiences in this vital sector.
Efforts are now focused on doubling such investments, prompted by Egypt’s rich mineral resources and backed by legislative and economic reforms, political stability and a solid infrastructure that has been greatly developed in the past nine years, added Molla in remarks during a dialogue session on mining as part of activities of the trade mission of the Egyptian-British Association in the British capital London.
The minister pointed out to the support of the political leadership and the government to mining investments and efforts exerted to develop this important sector in the country as part of the ministry’s action strategy for development and modernization, launched in 2018.
