Jiangxi (China) - Investment and International Cooperation Minister Sahar Nasr paid a visit, on Monday, to the headquarters of China Fortune Land Development Company (CFLD) in Ji'an city in the central region of Jiangxi province. The visit came on the sidelines of her participation in the Belt and Road Forum in China. The Investment Ministry said in a statement on Monday that Nasr was briefed by the company's officials on 50 projects carried out by the company in the world countries. The officials said that they planned to invest nearly 20 billion in Egypt over the coming 10 years, including investments in the new administrative capital, the statement said. The company is also planning to establish a smart village, a zone for advanced and environmentally-friendly technology, in addition to a complete range of roads, utilities and services, including schools, a university and research centers, it added. In the same side, Egypt's Minister of Investment and International Cooperation Dr. Sahar Nasr met with CEO of the Silk Road Fund Ms. Jin Qi, on the sidelines of her participation at the ‘One Belt, One Road' Forum held in the Chinese capital Beijing. Both sides discussed the means of benefiting from the Fund's financing opportunities provided to countries along the Silk Road, within the framework of the initiative launched by President of China Xi JinPing to revive the ancient Silk Road and the framework of the possibility of cooperation with a number of international financial institutions in supporting a number of projects and establishing joint ventures between the government and the private sector.
