Deputy Prime Minister for Economic Affairs, Hussein Eissa, affirmed on Thursday that the Egyptian economy has demonstrated considerable resilience in the face of global economic challenges and regional geopolitical tensions, supported by the comprehensive economic and structural reforms implemented by the state in recent years.
Eissa and the Japanese Ambassador to Egypt, Fumio Iwai, and an accompanying delegation discussed ways of enhancing economic and investment co-operation and explore new opportunities for partnership in sectors of mutual interest.
As the meeting began, Eissa welcomed the Japanese delegation and praised the depth of the longstanding relations between Egypt and Japan and the significant progress achieved in bilateral ties in recent years, reflecting the shared commitment of both countries to expanding co-operation across economic, investment and development fields.
In addition, the deputy premier highlighted the resilience of the Egyptian economy despite global and regional challenges, noting that the government continues to implement policies aimed at empowering the private sector and increasing its contribution to economic activity as a principal partner in achieving sustainable development.
He added that the government is pressing ahead with efforts to attract domestic and foreign investment through a series of incentives and facilitation measures designed to improve the business environment and enhance the competitiveness of the national economy.
For his part, Ambassador Iwai reaffirmed the strength of Egyptian-Japanese relations and Japan’s commitment to expanding economic and investment partnerships with Egypt in support of shared development objectives.
The ambassador highlighted Japan’s contribution to several major projects in Egypt and noted the growing presence of Japanese investments across sectors including automotive manufacturing, electronics, household appliances and renewable energy.
He added that an increasing number of Japanese companies are showing interest in exploring opportunities in the Egyptian market and benefiting from the successful experiences of Japanese firms already operating in Egypt, reflecting confidence in the Egyptian economy and its long-term growth potential.
