Sahar Nasr meets delegation of US companies

CAIRO, SEP 12 (SEE) – Egypt Minister of Investment Sahar Nasr met on Tuesday with a delegation representing 40 US companies investing in Egypt.

The government is actively working on encouraging investments of the private sector.

Nasr referred to the private sector's role in achieving economic growth, creating job opportunities and reducing poverty in Egypt, pointing out to the economic achievements over the past period.

The meeting was attended by the Charge d'Affaires at  US Embassy in Cairo Thomas Goldberger, the Egyptian ministers of electricity, finance and agriculture.

Thomas Goldberger said:"The US firms pumped investments worth $1 billion into the Egyptian market during the fiscal year 2017/2018."

The delegation expressed interest in starting new business in the Egyptian market within the coming period.