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President Sisi highlights Egypt's focus on expanding cooperation with AIIB

President Sisi highlights Egypt's focus on expanding cooperation with AIIB

The article discusses President Abdel Fattah El Sisi's visit to the President of the Asian Infrastructure Investment Bank. He emphasized Egypt's eagerness to diversify its collaboration portfolio with the bank, particularly in the sectors of energy, transportation, ports, and logistics services, to leverage Egypt's competitive advantages. He also highlighted Egypt's successes in developing infrastructure and promoting economic growth, along with the government's efforts to improve the investment climate and strengthen the private sector. For her part, the bank's president expressed appreciation for the bank's funding of important Egyptian projects, such as the Benban Solar Park and the Alexandria Metro, reaffirming the bank's support for the Egyptian government's policies to enhance economic resilience and sustainable recovery. The two sides exchanged views on international and regional economic developments, with Sisi stressing the importance of cooperating with international financial institutions to make emerging economies more resilient to crises.

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