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Egypt calls on Japan to invest in Suez Canal projects
Egypt has approved the establishment of a Japanese industrial zone within the Suez Canal Economic Zone to strengthen Japanese companies' presence and benefit from the investment and customs incentives offered by the zone. This step comes as part of the government's efforts to deepen economic cooperation with Japan, attract investments, and enhance industrial and commercial partnerships, especially amid economic challenges and declining maritime traffic in the canal. Additionally, Egypt is seeking opportunities to boost Japanese investments in the fields of industry, technology, and logistics services, through promotional tours to showcase investment opportunities and increase cooperation with Japan and African countries.
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