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President Sisi highlights private sector role in growth
President Abdel Fattah El-Sisi emphasized that the private sector plays a leading role in economic development and job creation. He clarified that empowering it requires a conducive investment environment from the government, achieved through infrastructure development and strengthening the legislative framework. He also highlighted the importance of enhancing partnerships between the public and private sectors, and developing more effective financing mechanisms to support the implementation of projects with economic and social returns, especially in Africa. Additionally, he pointed out Egypt’s role during its chairmanship of the African Union Development Agency’s (AUDA-NEPAD) Steering Committee in supporting funding and development efforts. He reiterated the importance of continuing the agency’s efforts to strengthen regional cooperation and development.
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