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المصري اليوم
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Africans of Egypt: Infrastructure Boosts Investments
The article discusses Egypt's economic performance during the transition from financial stability to growth based on production. Egypt has achieved unprecedented results, including foreign exchange reserves exceeding $55 billion despite challenging geopolitical circumstances. It also highlighted a 31% increase in dollar remittances and tourism revenues reaching $20 billion, boosting investor confidence. The article explained that economic policies such as currency liberalization and expanding partnerships with the private sector—currently involved in more than 59% of projects—contributed to these successes. Additionally, it emphasized that government investments totaling $550 billion have played a key role in attracting direct investments, with a focus on reviewing ownership policies and easing procedures to enhance confidence. The article also pointed out the state's efforts to develop the export sector through the "Egypt Launches for Export" initiative, aiming to increase manufacturing capabilities and expand the export base, especially since Egypt possesses untapped industrial potential.
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