Trade min.: Egypt keen on providing suitable atmosphere for foreign investments

CAIRO - 11 October 2018: Trade and Industry Minister Amr Nasar stressed that the cabinet is keen on providing the suitable atmosphere to lure more foreign investments to the Egyptian market especially that Egypt is one of the most important investment destinations in the Middle East region and Africa.

The positive outcome of the economic reform program contributed to attracting many international companies to invest and expand in the Egyptian market in various sectors, he noted.

These remarks came during the minister's meeting with a delegation representing Mars Wrigley international firm under its regional director for Africa and Middle East region Duncan McCulloch to probe the company's future plans in Egypt.

Nasar stressed his ministry's keenness on providing facilitations to the firm in light of its expansion in the Egyptian market.

McCulloch said that the company seeks increasing its investments in the market in light of the economic and legislative reforms witnessed by the Egyptian economy over the past few years.