Arab Finance: Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, participated in a round table meeting organized by the Malaysian Embassy in Cairo, in the presence of Mr. Anwar Ibrahim, Prime Minister of Malaysia, Mr. Mohamed Hassan, Minister of Foreign Affairs of Malaysia, and Mr. Tengku Zafrul Abdul Aziz, Minister of Investment, Trade and Industry of Malaysia. Presidents and senior figures also participated in the meeting. Representatives of Egyptian and Malaysian companies operating in Egypt.
At the beginning of the meeting, Malaysian Prime Minister Anwar Ibrahim appreciated the historical and close relations between Egypt and Malaysia, noting that his country is keen to strengthen bilateral relations with Egypt in various fields, especially trade, industry, investment, education, scientific research and tourism, given the Egyptian market’s outstanding capabilities. An attractive environment for investments, and within the framework of the Egyptian government’s endeavor to provide more facilities and privileges to the business community and investors.
The Malaysian Prime Minister added that Egypt is a major Arab and African country, and that there are great investment opportunities and multiple potentials, in light of the ongoing cooperation and coordination between the two countries, explaining that Malaysia is cooperating with Egypt in exploring new fields, such as digital transformation, energy, and the semiconductor industry.
Al-Khatib added that Egypt aspires to become a regional export center. As Malaysian companies seek to expand their projects and investments in Egypt, which is the primary gateway for products to enter African markets, he pointed to the measures and reforms adopted by the Egyptian government regarding monetary, financial, commercial and tax policies, which would facilitate and facilitate investors and the business community.
The Minister explained that the Egyptian market possesses many distinct investment components, opportunities and potentials, which include the geographical location and the availability of qualified workers, as well as the availability of qualified engineers, competitive wages and the availability of land and industrial areas, in addition to Egypt’s connection to a large number of free and preferential trade agreements, which contribute In increasing the competitiveness of the Egyptian product in global markets.
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