Abou El-Enein: Egypt Can Boost Economy with Political Leadership Support

President of the General Division for Investors Mohamed Abou El-Enein welcomed the new formation of the Investors Division and their fruitful proposals- to improve investment in all fields and persify production sources to for the Egyptian economy.

Abou El-Enein said, during his speech, that President El-Sisi strongly supports the private sector in Egypt, and appreciates its great work that serves the economic reform plans and the national development.

Abou El- Enein praised the role of Egypt in responding to investors' demands, supporting the investment law and the initiatives of the Central Bank.

President of the General Division for Investors emphasized that the golden triangle of the economy depends on investment, production and export, which enables the Egyptian economy to get hard currency, create job opportunities and bring taxes.

He also stressed Egypt's ability to increase its investments by supporting the political leadership and overcoming obstacles, as it was obvious through the establishment of 22 integrated industrial cities during the previous period.

He concluded that Egypt must market itself in front of the investors through international conferences, targeting a specific activity with a large number of projects and a unified portfolio in a way that guarantees the investor's profit and the state's benefit.