PM: Egypt Ready to Carry out Investment Projects in S. Sudan

On Monday, Egyptian Prime Minister Moustafa Madbouli said that Egypt stands full ready to set up investment projects in South Sudan.

These remarks came during Madbouli's meeting with South Sudanese Irrigation Minister Manawa Peter in the attendance of Irrigation Minister Mohamed Abdel Ati.

During the meeting, Madbouli lauded distinguished and deeply-rooted relations binding the two countries, calling for accelerating steps to form a high committee grouping the two countries.

On the other hand, the Sudanese official praised Egypt's support of Sudan during the floods crisis and the airlift it launched to offer urgent humanitarian assistance to the victims of the floods.

He said Sudan is keen on enhancing cooperation with Egypt and benefiting from its expertise in the capacity building domain.

He voiced hoped to open a branch of any Egyptian bank in South Sudan soon.

He lauded Egypt's establishment of industrial schools in South Sudan, a school that brings qualified cadres that meet the needs of labor market.

Peter also thanked the Egyptian Higher Education Ministry for increasing the number of grants offered to South Sudanese students to study in Egyptian universities.

He hoped for drawing on Egypt's expertise in building new cities in record time, saying a delegation of the Housing Ministry will pay a visit to Egypt soon to stand on the underway housing projects.