15 December 2019 09:02 PM

New investment opportunities in pharmaceuticals, real estate development

Saturday، 23 November 2019 - 11:47 AM

Public Business Sector Minister Hisham Tawfiq said Saturday that his ministry has tendered new investment opportunities in the sectors of pharmaceuticals, real estate development, agricultural manufacturing, hotels and animal breeding.

In case investors showed eagerness to do business in the these sectors a sub-fund will be established in tandem with Egypt's sovereign wealth fund to accommodate the new investments and maximize the benefits, said Tawfiq on the sidelines of the "Investment for Africa Forum 2019".

He added that the ministry has settled an EGP 10.4 billion debt to the Cotton and Textile Industries Holding Company.

MENA

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