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Egyptian exports can exceed $200bn
Engineer Ahmed El-Suwaidi, Chairman of El Sewedy Electric, expects Egyptian exports to surpass $200 billion, benefiting from significant opportunities in Egypt compared to countries like Vietnam, which reached $400 billion in exports despite its smaller size and population. He emphasized that technical education and its vital role, along with the development of unique industrial zones in Egypt, enhance the country's potential to become a global manufacturing hub. He also pointed out that increasing private sector participation will boost government revenue and highlighted that Egypt has all the necessary ingredients to establish itself as a prominent regional manufacturing center.
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