Arab FinanceDr. Mostafa Madbouly, Prime Minister, met with Zhu De Fu, Chairman of TEDA Holding Company; Where Madbouly confirmed The Egyptian government is ready To support the company’s expansion in Egypt, by granting more land; Whether on the Red Sea coast, or on the Mediterranean coast in New Alamein, which enjoys a unique and distinct location that makes it an important destination for investment in various fields.
During the interview, the Prime Minister expressed his aspiration to attract industries with advanced technology to the TEDA industrial zone, such as the electric car industry, and new and renewable energy, with the government’s readiness to give it the necessary incentives in this regard.
Madbouly also explained that Egypt seeks to attract companies that manufacture solar panels, components for the green hydrogen industry, and wind turbines, expressing his aspiration for TEDA to attract companies operating in these industries, stressing that he is ready to meet them and listen to their proposals and perceptions in this field.
For his part, the Chairman of TEDA expressed his appreciation for the Prime Minister’s support for the company, especially his mention during the speech he delivered yesterday at the activities of yesterday’s session of the Industrial Zone in the Economic Zone, and the success it has achieved during the past period.
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