New Delhi Voiced Interest to Invest in Suez Canal ProjectSource: www.export-egypt.com 6/23/2015, Location: Africa |
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The Indian Ambassador to Cairo Sanjay Raya Bachie hailed the new Suez Canal project which he visited earlier this month, voicing India’s interest to invest there and take advantage of this huge project which "will change the world maritime transport system."
In his statements to MENA on 22/6/2015, the ambassador highlighted the deeply-rooted relations between India and Egypt, marking the strategic partnership between the two countries which appears evidently in the size of the Indian investments in Egypt where there are 50 Indian factories housing about 25 thousand Egyptian employees at investments exceeding $ 3 billion. He underlined keenness on boosting strategic partnership between the two countries in various fields, stressing that the Egyptian-Indian relations are historical and will ever be. Economic ties make up for a cornerstone of the Egyptian-Indian relations as the political relations have always been very strong. Both countries seek future specialized economic cooperation where an Indian factory has been recently opened with an Egyptian partnership to produce a medicine for virus C. Bachie furthered to say that in India there are many techniques sought to be shared with Egyptians seeking benefit for the two sisterly countries in various fields such as agriculture, renewable energy, navigation etc. |
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