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Pakistani investments in textiles batteries Egypt
Pakistani investments in Egypt aim to expand into the fields of textiles, electric batteries, and electric bicycles, as Pakistan seeks to transfer the entire production chain for these sectors, including battery manufacturing, chassis production, and operational software. Egypt and Pakistan have agreed to organize a forum to enhance cooperation and facilitate partnerships between startups and entrepreneurs, with the Egyptian Investment Authority supporting Pakistani investments and removing hurdles. These investments aim to leverage Egyptian expertise in the sectors of tourism, real estate development, and infrastructure to achieve mutual economic growth and capitalize on the African market through the Continental Free Trade Agreement.
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