24 Hrs
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بوابة الفجر
Al-Istithmar covers Chinese firms' challenges in Egypt
The article focuses on the efforts of the General Authority for Investment in Egypt to strengthen economic relations with China through the convening of the Egyptian-Chinese Business and Investment Promotion Committee. It highlighted that approximately 3,366 Chinese companies operate in Egypt across vital sectors such as textiles and garments, solar panels, chemical industries, and the automotive industry. The challenges faced by these companies, as identified by Chinese investors, were discussed, with an emphasis on the Egyptian government's support to facilitate expansion and investment processes. To enhance cooperation, a Chinese Investment Unit was established to monitor the needs of these companies and remove obstacles. The importance of direct dialogue between both sides was emphasized to support further expansion and attract new investments.
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