PM, Mamish confer on measures to attract investors to Canal region

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Tue, 26 Sep 2017 - 07:30 GMT

Egyptian Prime Minister Sherif Ismail - File photo

Egyptian Prime Minister Sherif Ismail - File photo

CAIRO -26 September 2017: Chairman of the Suez Canal Authority (SCA) Mohab Mamish met Tuesday with Prime Minister Sherif Ismail to discuss problems facing investors.

The meeting also took up efforts to attract new investments to the Canal region, said Mamish in a press conference that followed the talks.

He said they particularly probed problems facing Mercedes Benz in Egypt.

Mercedes Benz is seeking to return to the Egyptian market and wants to invest in the Suez Canal region, Mamish told reporters.

A suitable portion of land would be allocated for the company to establish their projects, the SCA chairman said, stressing the government will act to solve all problems facing investors in Egypt.

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