Egypt is in talks with major Chinese companies to boost cooperation in manufacturing, logistics, and green energy, alongside preparations to host an Egypt–China Investment Forum aimed at strengthening bilateral economic ties, Investment Minister Hassan El-Khatib said. In remarks published by the Investment Ministry on Tuesday excerpted from a recent interview with China Daily, Minister El-Khatib said the government is overhauling the investment environment to empower the private sector and deepen Egypt's integration into global trade. "We are leveraging Egypt's modern infrastructure and strategic location to position the country as a regional hub for international investment," he said. Minister El-Khatib outlined Egypt's efforts to attract long-term foreign direct investment (FDI), including collaboration with the World Bank to draft a comprehensive FDI strategy through 2030. He also highlighted progress in improving the business climate by easing customs procedures and reducing bureaucratic complexity. The minister pointed to growing investor interest in Egypt's renewable energy and desalination sectors, noting the country's ambition to become a regional green energy hub. He also cited expanding cooperation with Gulf countries, particularly Saudi Arabia, to increase capital inflows. Minister El-Khatib said Egypt is looking to capitalise on regional trade agreements to become a key gateway to Africa and the Middle East, while maintaining continuous dialogue with international investors to shape responsive and competitive investment policies. He added that strategic partnerships with global entities — including France's MEDEF and leading Chinese firms — are helping advance technology and knowledge transfer, especially in sectors aligned with Egypt's green economy goals. Attribution: Amwal Al Ghad English
