Investments
She added in a statement of the ministry that these funds constitute 41 percent of the total investments allocated for central Upper Egypt.
Indonesia's investments are concentrated in 22 projects in the fields of industry, construction, services, communications and information technology.
Total Chinese investments in Egypt amounted to $7.2 billion, distributed over 1736 projects by the end of 2018.
Borisenko confirmed that Russian companies are interested in enhancing cooperation with Egyptian businessmen in the local market, which he described as very attractive for investment.
During the meeting, Kaabi lauded the strong relations between both sides, highlighting the important role of the GAFI in facilitating the work of the UAE businessmen.
Etisalat Misr also aims to invest in the data transmission sector, as well as future technologies such as the Internet of Things (IOT) and artificial intelligence.
These opportunities include administrative buildings in the center of Cairo, large areas of land owned by holding companies, and in "very important areas in the countryside."
He pointed out that 7 thousand kilometers of roads have been implemented by all sectors of the state
The Japanese side lauded the GAFI's role in providing all facilitation for Japanese companies working in the country, in addition to its efforts to attract more Japanese investments.
Prime Minister Moustafa Madbouli welcomed the company's plans to invest in Egypt while chairing a meeting on means boosting investments in the infrastructure domains as well as plans of Egypt's Sovereign Wealth Fund (SWF) to lure investments.
The IDA, is the technical arm of the Ministry.
Essa added in a statement that the company’s current investments in Egypt amounted to about $350 million, represented in the "West Bakr" wind energy project with a capacity of 250 MW in the city of Ras Ghareb.
The ministry said, in a statement, Wednesday, that expansion and substitution work was done to raise the efficiency of the governorate's electrical network and improve service to subscribers.
Cooperation deals were signed with Chile, Somalia, Equatorial Guinea and the US Trade and Development Agency
The meeting aims at seeking more cooperation with EU to benefits from the Egyptian deals with a number of Arab and African countries.
Singaporean investments in Egypt reached $500 million.
The company added in a statement to the Egyptian Exchange (EGX) that the board of directors decided to open new branches to serve the company's activities.
Altmaier’s remarks came in a meeting with Egypt’s President Abdel Fattah El-Sisi.
"Through our relationship with Egypt, we support the private sector that can create jobs and achieve growth," Ian Stevesaid Monday.
Director Operations in Neighboring Countries at EIB said the bank's investments encompass fields of renewable energy, transportation, water, sanitation, and SMEs.
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