GAFI Probes with Chinese Delegation Upping Chinese Investments in EgyptSource: www.export-egypt.com 11/19/2019, Location: Africa |
|
|
|
|
|
Acting Head of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said that Egypt and China seek to deepen investment relations and turn Egypt as a gateway for exporting Chinese goods to Africa, especially after President Abdel Fattah El Sisi launched the African Continental Free Trade Agreement (AfcFTA) this year.
Abdel Wahab's statements came during a meeting with delegation from the Chinese Province of Hainan under the vice president of the people's committee at the province's local council. They reviewed the atmosphere of investments in Egypt and the economic packages the Egyptian government implemented to attract more investments, stressing the importance of making use of the high-level political relations between the leaderships of the two countries to develop investment relations and encourage Chinese companies to invest in Egypt especially in agricultural industrialization and tourism. He said Chinese investment presence started to grow in Egypt in the past years in the light of the privileges in Egypt and the new investment law to encourage investments especially in the New Administrative Capital and Ein Sukhna. According to Abdel Wahab, the Chinese investment play a key positive role in supporting Egypt's economy, training laborers, transferring technology and increasing investments. |
|
|
Financials and Investment News in Egypt >> |
 |
|||||
|
Egypt >> 9/19/2024 - Egypt is having a special participation at the IFTM-Top Resa exhibition, which lasts until Sept.19 in Paris.
Egypt’s pavilion has more than... |
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
|
Egypt >> 9/18/2024 - On his first visit around the region since his appointment, Jalel Trabelsi, the Special Envoy of the African Development Bank (AfDB), praised Egypt's ...
|
Egypt >> 9/18/2024 - Benchmark index EGX 30 was up 0.61 percent to 30,342.46 points, with the Shariah index climbing by 0.20 percent to reach 2,879.64 points.
E... |
|
Egypt >> 9/18/2024 - The British company Globeleq is set to collaborate with the Egyptian government in establishing a substantial project for green hydrogen production, a...
|
Egypt >> 9/18/2024 - Deputy Prime Minister and Minister of Health and Population Khaled Abdel Ghaffar asserted the importance of cooperating with South Africa in the field...
|
| Egypt Oil & Gas 1 >> 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | |
