Arab Finance: Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, participated in a roundtable meeting entitled “Towards enhancing Egypt’s competitiveness in the field of trade and increasing investments”, organized by “Links Business Advisors Consulting”, which specializes in providing economic consultations to major national and foreign companies operating in various sectors in Egypt.
During the round table meeting, the Minister reviewed the opportunities and components of investment in the Egyptian market, and the developments of the Egyptian economy, in addition to the efforts of the current government aimed at providing more facilities to investors, as well as facilitating and maximizing the movement of foreign trade to Egypt, stressing that the Egyptian state’s approach is to focus on supporting the private sector and enhancing… Its participation with the government sector (PPP), considering the private sector the primary engine of the economy, by providing sufficient opportunity and space to participate in achieving economic growth.
The Minister stressed the importance of creating clear, transparent and predictable policies to form a new economic vision, noting the importance of working to build a competitive and transformative economy, in light of the priority that the Egyptian government attaches to creating an investment and business climate to attract more investments and create a more competitive climate in the Egyptian market.
Al-Khatib added that the state supports the localization and deepening of the Egyptian industry and works to develop and support it as the backbone of the national economy, with the aim of achieving great leaps in growth commensurate with the aspirations of the Egyptian people, pointing to the highest priority that the Egyptian state gives to the new and renewable energy sector, and Egypt’s endeavor to be A leading country in the production and export of green hydrogen,
The minister pointed out that Egypt has a wide network of trade agreements at the bilateral and regional levels, which contributes to increasing the competitiveness of the Egyptian product in global markets, supporting and enhancing economic growth, increasing Egyptian exports, attracting foreign direct investments, as well as deeper integration into global and regional markets. .
Al-Khatib pointed out that the country has advanced infrastructure, new cities, and a large consumer market, pointing out that the Egyptian market has many distinct investment components and potentials, including a logistical transport infrastructure system and a highly skilled and efficient workforce, as well as a diversity of renewable energy sources. and eligible ports.
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