1 Day
Source:
صدى البلد
Sisi's call encourages Italian investments
Member of the House of Representatives Ahmed Jibali affirmed that President Abdel Fattah El-Sisi's invitation to the Italian Prime Minister to enhance Italian investments in Egypt is part of the state's strategy to strengthen economic partnerships with friendly countries and attract direct foreign investments to support development plans. He explained that Egypt possesses significant investment potentials following the development of infrastructure and the implementation of economic and legislative reforms that have improved the investment environment. He noted that Egyptian-Italian relations are evolving across all levels. Additionally, he emphasized that increasing Italian investments will help transfer expertise and technology, create job opportunities, and boost local production, especially in the sectors of industry, energy, agriculture, and tourism. This will reinforce Egypt's position as a regional hub for investment and production, with the goal of translating political understandings into investment projects that serve mutual interests and support the national economy.
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