Minister of Investment and Foreign Trade Mohamed Farid Saleh emphasized the state's keenness to attract qualitative investments in technological sectors and future industries while providing a stimulating business environment to accelerate establishment and operation.
This came during his meeting with a delegation from Chinese MRYK Holding group to discuss its expansion plans in the Egyptian market.
The minister explained that the government facilitates procedures for serious investors through full coordination among various entities to support rapid implementation of projects, welcoming partnerships that localize technology and boost manufacturing capabilities.
Discussions covered cooperation in advanced technology, smart manufacturing, robotics, energy, and water desalination, as well as mechanisms for technology transfer and increasing local components to support a knowledge-based economy.
The talks also touched upon the possibility of granting the Golden License to the company projects in priority sectors to accelerate implementation while boosting foreign direct investment flows.
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