Egypt’s Prime Minister Mostafa Madbouli unveiled on Thursday the formation of a legal and technical committee at the cabinet to study a number of investment opportunities in important projects that are expected to bring in hard currency.
During the cabinet meeting, Madbouli said the government hired a global law office to prepare the final formulas of these investment contracts, promising to announce about these investment projects in detail soon.
He said the new investment projects will help achieve the State’s development targets, provide thousands of jobs and achieve recovery in the industrial sector.
Madbouli stressed that the cabinet is the only side authorized to announce these investment projects.