$4 bn-Foreign Investment by Late JuneSource: www.export-egypt.com 2/19/2014, Location: Africa |
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During the inauguration of the Egyptian Council for Sustainable Development, Investment Minister Osama Saleh said that the government is currently developing economic legislations required for promoting investment climate and raising competitiveness with a view to attracting local investments.
The developmental plan of current FY targets, till end of June 2014, about LE170 billion-investments in the private sector and attracting about $4 billion of external investments. For his part, Foreign Minister Nabil Fahmy said that the government is on its way to implement the roadmap and bring about stability. Fahmy also called on the Egyptian investors to invest in African markets for their strategic importance for Egypt. Social Solidarity Minister Ahmed el-Boraei said that economic development would occur in Egypt only after paying more attention to social and human development. |
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Investment News in Egypt >> |
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