Japanese companies to expand investments in Egypt: Japan's FM

CAIRO – 12 September 2017: Japan's Foreign Minister Tara Kono confirmed during the meeting with President Abdel Fatah al-Sisi on Tuesday the Japanese companies’ interest to expand their investments in Egypt in different fields referring to Egyptian promising markets that provide Japanese investors with various opportunities, said the Presidential Spokesman Alaa Youssef.

During the meeting, Kono has expressed his condolences to Sisi for the Arish victims of the terrorist attack that happened on Monday denouncing this criminal act and confirming that Japan stands beside Egypt to combat and uproot terrorism, according to Youssef.

After stressing the deep Egyptian Japanese relation and the joint cooperation, Sisi said that he is looking forward to developing the cooperation between the two countries in different fields especially in the economy reviewing the reforms in Egypt’s economy and the major national projects alongside with the measures taken to attract investments.

Kono has said that Japan is keen to enhance the partnership with Egypt in different fields praising the ongoing cooperation in the field of education especially after the construction of Japanese schools in Egypt.

President Sisi underscored keenness on benefiting from the Japanese model in this regard which is based on highlighting the moral aspect and building the teamwork spirit in young people.

In addition, both have discussed various regional and international issues including the situation in the Middle East and the crisis of North Korea.

Sisi thanked Kono for Japan’s support for Egypt in different fields, particularly in the construction of Egypt's Grand Museum which will highlight Egypt's ancient civilization.