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Sahar Nasr Visits China's CFLD Premises

Source: www.export-egypt.com 5/15/2017, Location: Africa

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Investment and International Cooperation Minister Sahar Nasr paid a visit to the headquarters of China Fortune Land Development Company (CFLD) in Ji'an city in the central region of Jiangxi province.

The visit came on the sidelines of her participation in the Belt and Road Forum in China.

The Investment Ministry said in a statement that Nasr was briefed by the company's officials on 50 projects carried out by the company in the world countries.

The officials said that they planned to invest nearly dlrs 20 billion in Egypt over the coming 10 years, including investments in the new administrative capital, the statement said.

The company is also planning to establish a smart village, a zone for advanced and environmentally-friendly technology, in addition to a complete range of roads, utilities and services, including schools, a university and research centers, it added.

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