Luring investments presidential priority to achieve goals

Finance Minister Mohamed Maait said attracting local and foreign investments is a top presidential priority to achieve economic and developmental goals amid a growing array of global economic challenges.Such challenges necessitate the maximization of e…

Finance Minister Mohamed Maait said attracting local and foreign investments is a top presidential priority to achieve economic and developmental goals amid a growing array of global economic challenges.

Such challenges necessitate the maximization of efforts exerted to strengthen industries and up production, given the fact that Egypt is possessing promising investment opportunities in numerous sectors and green projects, added Maait during a meeting with some members of the American Chamber of Commerce in Egypt Monday.

He highlighted the newly-announced State Ownership Policy Document which is providing unprecedented horizons for partnership with the private sector.

He underscored the importance of encouraging the private sector to further participate in doing business nationwide.

Economic performance indexes are positive and show that Egypt’s economy is resilient and capable of facing up to external shocks and flexibly handling consecutive global crises, according to him.

The minister asserted that the government is opening the door to the green economy for the private sector and financial institutions in Egypt to benefit from the growing green finance market.

Source: State Information Service Egypt

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