President Sisi, Chief of Chinese Construction Engineering Corp discuss more investment projects in Egypt

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Fri, 31 May 2024 - 08:11 GMT

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Fri, 31 May 2024 - 08:11 GMT

President Abdel Fattah El-Sisi met with Chairman of China State Construction Engineering Corp. (CSCEC), Zheng XueXuan, on May 31, 2024- press photo

President Abdel Fattah El-Sisi met with Chairman of China State Construction Engineering Corp. (CSCEC), Zheng XueXuan, on May 31, 2024- press photo

CAIRO – 31 May 2024: President Abdel Fattah El-Sisi met with Chairman of China State Construction Engineering Corp. (CSCEC), Zheng XueXuan, accompanied by the group’s senior executives, on the sidelines of the President's state visit to China, on Friday

 

Spokesman of the Presidency, Counselor Dr. Ahmed Fahmy, stated that the President reviewed developments in the infrastructure sector in Egypt in recent years, which has provided significant opportunities for foreign investors to increase their investments in Egypt.

 

President El-Sisi emphasized the Egyptian government's keenness for Chinese companies to capitalize on this development by enhancing their investments in Egypt, which would benefit the two countries and further boost their bilateral relations.

 

President El-Sisi expressed Egypt's appreciation for CSCEC's efforts in implementing various projects in Egypt and welcomed further joint projects.

 

The meeting discussed the implementation of joint projects between the two sides and new proposals for further cooperation.

 

Zheng lauded the significant development in the construction and infrastructure sectors in Egypt and the state's interest to take full advantage of the Chinese expertise in these areas.

 

He affirmed the company's commitment to continuing collaboration with Egypt and expanding cooperation into new avenues of cooperation and projects for the benefit of the two sides.

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