23 May 2019 01:49 PM

PM forms ministerial group to resolve problems facing FDIs

Wednesday، 13 March 2019 - 03:01 PM

Prime Minister Dr Mostafa Madbouli said a mini-ministerial group will be formed under his chairmanship to meet with foreign investors and companies visiting Egypt to find swift solutions to any obstacles facing foreign direct investments in the country's market.

During a weekly cabinet meeting here on Wednesday, the premier said his meetings over the past few days with investors from the US, Germany and Japan have shown a great interest in investing in Egypt which requires dealing immediately with remarks by investors and resolving any problems they face.

Economic indexes reached by Egypt over the past few years are very positive and this should be invested in increasing the volume of new investments, calling for overcoming any problems in this respect, especially that the majority of these problems have to do with procedures "and this can be totally resolved", he added.

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