PM reviews several proposals to lure more investments

General

Prime Minister Moustafa Madbouli asserted the importance of going ahead with promoting ongoing efforts to attract more investments to the Suez Canal Economic Zone (SCZone) as per constant directives of President Abdel Fattah El Sisi.

The move is meant to turn the zone into an important and pioneering area in different industries worldwide, with special focus on green energy projects, added Madbouli during a meeting on Sunday.

The government seeks to turn the SCZone into a global logistics center to supply ships and vessels with green fuel, he pointed out.

The premier discussed during the meeting several proposals to lure further investments in the auto sector and feeding industries in east Port Said area.

A galaxy of senior officials attended the meeting.

Source: State Information Service Egypt