Egyptian president discusses investment with Italy's Danieli Group

CAIRO – 11 October 2023: President Abdel Fatah al-Sisi received Wednesday Chairman and CEO of Italy's Danieli Group Gianpietro Benedetti who stated that the company planned to expand its activities in Egypt.

That is by establishing green industrial complexes capitalizing on incentives offered by Egypt, recently-introduced advanced infrastructure, as well as regional and global trade agreements.

President Sisi told Benedetti that Egypt aims for the localization of different industries and technology, expressing hope that the Italian company, specialized in supplying equipment and physical plants to the metal industry, to also introduce training center for Egyptian workers.

The meeting was attended by Prime Minister Mostafa Madbouli, Minister of Planning and Economic Development Hala al-Said, Minister of Public Enterprise Mahmoud Essmat, and Chairman of the Arab Organization for Industrialization (AOI) Mokhtar Abdel Latif.