Chairman of the General Investment Authority: President Macron’s visit embodies a new chapter in partnership between Egypt and France
This morning, the activities of the Egyptian French Business Forum, with the wide participation of officials and representatives & nbsp; the business community in the two countries. & nbsp;
Hossam Heiba, CEO of the General Authority for Investment and Free Zones in the context of his speech in the activities of the opening session of the forum, said that the visit of His Excellency French President Emmanuel Macron to Egypt represents a pivotal station in the path of strategic relations between the two countries, and confirms the depth of historical ties and growing cooperation in various fields, especially economic Including. Egypt seeks to open broader horizons for international partnership, noting that the two countries share a unified vision towards a future based on innovation, sustainable development, and achieving mutual prosperity. For direct foreign investment flows of $ 46.6 billion, which reflects the increasing international community’s confidence in the Egyptian economy. To 145 billion dollars, while working to achieve a contribution to the private sector, up to 65% of the total investments by 2030. & nbsp;
& nbsp;
and noted the prestige & nbsp; Until France is one of the main partners of Egypt, where the volume of French investments in the country exceeded $ 7 billion, and contributed to providing more than 50 thousand job opportunities, through more than 180 French companies working in the Egyptian market. It was approved in 2023, and the golden license that allows the granting of licenses to major investment projects quickly and effectively.
& nbsp;
& nbsp; Promising opportunities for French investment in the Egyptian market, especially in light of the government’s commitment to sustainable development and financing of green projects. Al -Masry smoothly, explaining that the partnership between Egypt and France is entering today a more dynamic and effective stage, which is beneficial to the economy & nbsp; & nbsp; The two countries and their peoples.
& nbsp; And new policies have put a priority for the participation of the private sector in development, and resulted in successful partnerships with the government, most notably investments exceeding one billion dollars in the sectors of education, transportation, and infrastructure. French Emmanuel Macron. Where we seek to enhance investments and partnerships based on innovation and knowledge, and build bridges between peoples and companies, in a way that supports a prosperous future for both parties. & Quot; And in turn & nbsp; Mr. & nbsp; Didier Bolon, CEO of Operations at the French Ministry of Foreign Trade, The Egyptian -French Business Forum constitutes an important platform to support the expansion of companies in the Egyptian and French markets. He explained that the French companies operating in Egypt are working in various sectors, and seek to expand not only in the local market, but also in the African and Middle East markets.
& nbsp;
& nbsp;
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related
