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Positive change introduced to support investment for export: Investment minister

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Home Business

Positive change introduced to support investment for export: Investment minister

by Gazette Staff
July 23, 2024
in Business, Egypt, World
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Minister of Investment and Foreign Trade Hassan el Khatib asserted that the government is witnessing a positive change that aims at supporting investment for export according to co-operation achieved between the different governmental bodies and the ministries concerned.

The plan of the state includes working on positive change, he said, adding that the challenges that faced the Egyptian economy in past years are encountered by a clear vision to attract more investments via facilitating the investment operation in addition to powerful financial policies and increasing benefiting from the assets of the state.

This came during Khatib’s meeting with members of the Egyptian-Indian business council where he asserted that there is coordination between the ministries concerned to prepare files on the lands and energy along with the measures demanded to establish the projects to be studied and referred to the Supreme Council for Investments and the bodies concerned in the state to end any obstacles facing investments and trade.

During the meeting, the members of the council reviewed the volume of visit exchange between official delegations from Egypt and India which led to increasing the volume of trade exchange between both countries in addition to increasing the number of Indian projects in Egypt in a number of important sectors including chemical industries and recycling of plastic waste and the willingness of a number of Indian companies to enter the Egyptian market in the fields of new energy, green hydrogen, engineering industries and information technology.

Tags: "Egypt supports innovation and creativity"ChangeEgyptian-Indian businessexportInvestment Minister

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