The Survivors of Nothingness — Episode (I)    Oil prices fall on Monday    Gold prices rise on Monday    Asian stocks climb on Monday    PM Madbouly chairs meeting on public-private partnerships in tourism    Egypt launches project to upgrade export environment, streamline port procedures    Gulf investors turn to Egypt's real estate market as strategic gateway for growth    At Aswan Forum, Egypt's FM urges reform of UN Security Council, finance bodies    Tensions rise in Gaza as Israel violates ceasefire agreement    Egypt, WHO sign cooperation strategy to strengthen health system through 2028    EHA, Arab Hospitals Federation discuss cooperation on AI, sustainable healthcare    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt's FM joins Sahel region roundtable at Aswan Forum    Egypt successfully hosts Egyptian Amateur Open golf championship with 19-nation turnout    Africa can lead global recovery, Egypt's Sisi tells Aswan Forum    Health ministers adopt 'Cairo Call to Action' to tackle breast cancer across Eastern Mediterranean    Egypt, India hold first strategic dialogue to deepen ties    Egypt: Guardian of Heritage, Waiting for the World's Conscience    Egypt, Qatar sign MoU to boost cooperation in healthcare, food safety    Egypt, UK, Palestine explore financing options for Gaza reconstruction ahead of Cairo conference    Egypt will never relinquish historical Nile water rights, PM says    Al Ismaelia launches award-winning 'TamaraHaus' in Downtown Cairo revival    Al-Sisi, Burhan discuss efforts to end Sudan war, address Nile Dam dispute in Cairo talks    Egypt's Sisi warns against unilateral Nile actions, calls for global water cooperation    Egypt unearths one of largest New Kingdom Fortresses in North Sinai    Egypt unearths New Kingdom military fortress on Horus's Way in Sinai    Egypt Writes Calm Anew: How Cairo Engineered the Ceasefire in Gaza    Egypt's acting environment minister heads to Abu Dhabi for IUCN Global Nature Summit    Egyptian Open Amateur Golf Championship 2025 to see record participation    El-Sisi boosts teachers' pay, pushes for AI, digital learning overhaul in Egypt's schools    Syria releases preliminary results of first post-Assad parliament vote    Karnak's hidden origins: Study reveals Egypt's great temple rose from ancient Nile island    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Egypt aims to reclaim global golf standing with new major tournaments: Omar Hisham    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt to establish an industrial zone, expand private sector role in Sudan: Gamea
Published in Amwal Al Ghad on 24 - 01 - 2021

Egypt is planning to establish an industrial zone in Sudan to facilitate the establishment of joint projects, according to Egypt's Minister of Trade and Industry.
The new industrial zone will be implemented by the private sector to boost the economic integration between the two sides, Egypt's Minister of Trade and Industry Niveen Gamea.
Gamea made the announcement during an extended discussion in Khartoum with the Sudanese Minister of Trade and Industry Abbas Madany and a number of Sudanese officials, in the attendance of Egypt's Ambassador to Sudan Hossam Eissa.
The session was held on the sidelines of Gamea's visit to Sudan to represent Egypt in the 38th round of the Khartoum International Expo.
Egypt is the expo's guest of honour in its current round.
Gamea called on Sudan to hold the joint trade committee in Cairo to discuss the technical aspects regarding the trade flow between the two countries, noting that trade exchange between Egypt and Sudan recorded $862 million in 2020.
She added that Egypt's exports to Sudan amounted to $496 million, while Egypt's imports from Sudan recorded $366 billion in 2020.
Chemicals, processed products, machines, foodstuffs, textiles, transport means, livestock, and agricultural products are the main traded goods between the two countries, according to Gamea.
The minister pointed out to the possibility of boosting industrial cooperation between the two sides in pharmaceutical industries and increasing Egyptian pharmaceutical exports to Sudan.
"Egypt is willing to extend its economic support to brotherly Sudan in the ongoing transitional phase. Egypt's business community is also keen on establishing partnerships with the country in line with Sudan's agenda for industrial and infrastructure projects it targets to establish," said Gamea.
Gamea discussed with the Sudanese minister of transport and infrastructure the possibility of participating in the Sudanese capital triangle zone improvement project that includes establishing bridges, renewing sanitation networks and rerouting roads through partnering with Egypt's private sector.
Madany said that Sudan is eager to enhance economic cooperation prospects with Egypt, especially in the industrial sector, as Sudan targets producing high value-added products by establishing private sector partnerships between the two countries.


Clic here to read the story from its source.