Minister of Investment Dalia Khorshid said that the private sector and investment banks currently play an important role in promoting Egypt’s investment climate.
She added during a conference that their role does support the government to clarify the vision of Egypt’s economy to investors from Europe, the US, and Gulf Arab states.
The four-day conference, under the theme “Africa’s Era, Egypt’s Moment”, witnessed the participation of Mohamed Khodeir, CEO of the General Authority of Investment and Free zones (GAFI), more than 30 Egyptian and African companies, and 50 international funds and financial institutions.
Khorshid emphasized that investment is the future for Egypt, and that Egypt holds a bright future for investments.
The minister promoted the legislative and institutional reforms implemented by the ministry in order to improve the investment climate. She said that attracting direct and indirect investments is the main role of the ministry, adding that indirect investments such as investing in the Egyptian Exchange reflect investor trust in the Egyptian market.
The Egyptian market, with its sources and abilities besides investors’ experiences, guarantee successful projects, Khorshid noted.
Daily News Egypt