Engineer Mahmoud Esmat, Minister of Public Business Sector, continued to emphasize the ministry’s openness to partnership with the private sector in various ways and forms, and to open the way for foreign and local investment in various sectors, within the framework of the state ownership policy document.
During his meeting with a delegation from the Qatari Businessmen Association, headed by Sheikh Faisal bin Qassim Al Thani, President of the Association, the Minister stressed the keenness to continue direct communication with investors and the business community, and joint work in support of the country’s path towards achieving comprehensive economic development.
Engineer Mahmoud Esmat reviewed many promising investment opportunities and areas of partnership available in the companies affiliated with the ministry, including the pharmaceutical, mineral and chemical industries, tourism and hotel projects, as well as the development of some real estate assets.
He added that the ministry is keen to open horizons for investors in all fields, which contributes to supporting and developing the industrial sector, localizing many industries locally and transferring modern technology, to reduce the import bill, increase the volume of exports, and open new markets for Egyptian products.
The Minister of Public Business Sector pointed to the interest that Egypt attaches to stimulating investment, especially in light of the effective and influential contribution of the private sector and foreign investors to the gross domestic product.
For their part, representatives of the Qatari delegation affirmed their welcome to enhance cooperation with Egypt to achieve the common interests of the two brotherly countries, and their keenness to pump more investments in Egypt, especially in light of the availability of many promising investment opportunities in Egypt, expressing their interest in cooperation in some sectors, including pharmaceuticals, tourism and hotels.