AOI: Egypt's new investment climate lures foreign investments

CAIRO– 30 October 2017: Board chairman of the Arab Organization for Industrialization (AOI) Abdel Aziz Seif el Din asserted on Monday that the new investment climate has helped in luring foreign investments to Egypt.

During his meeting with Lyubomir Popov, the Bulgarian Ambassador to Egypt, Seif el Din affirmed the importance of building on the unique relations binding both countries and to bolster cooperation between the AOI and industrial companies in Bulgaria.

The Bulgarian ambassador hailed the leading role of the AOI through its participation in a number of development projects with the aim of serving not only the Egyptian community but also the Arab and African countries.

Egypt has great capabilities and such cooperation opens new prospects between both countries especially in light of the new investment climate, Popov noted.

He voiced the Bulgarian keenness on cooperating with the AOI as it also applies international standards of quality.