Egypt ranks 5th among countries attracting investments

CAIRO – 4 February 2019: "Egypt's investment inflows increased and the country occupied the fifth position among countries that attract investments,” Minister of investment and International Cooperation Sahar Nasr stated.

This upgrade will boost the flow of investments from European countries to participate in major national projects. Such great progress comes in line with the achievements lead by President Abdel Fatah al-Sisi such as facilitating the procedures and measures of establishing projects.

"Egypt is a leading country that our organization cooperates with due to its reform program," Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, stated.

This came during a meeting between Minister of Investment and International Cooperation Nasr and Gurria at the Financial Forum for Sustainable Development in Paris.

The coming period will witness setting a cooperative strategy between Egypt and the Organization for Economic Cooperation and Development to set cooperative priorities that meet the needs of the Egyptian people and the government's Program proposed by Prime Minister Mostafa Madbouly.