The Egyptian governorate is ready to offer facilities to foreign companies keen on investing in its major developmental projects, said managing director at real estate developer Tatweer Misr on Friday. "One of the global companies is keen on studying investment opportunities available in Egypt in order to develop the ports in the country," Ahmed Shalaby said on the sidelines of a door-knock mission to the UK. The mission was organised by the British Egyptian Business Association (BEBA) to discuss bolstering bilateral cooperation between the two countries during a three-day visit from November 27 to 29. This global company, which runs three ports in Africa, is holding talks with World Bank's International Finance Corporation (IFC) to finance investment projects in the North African country, Shalaby added. The mission encompassed Egyptian Minister of Finance Mohamed Maait, Minister of International Cooperation and Investment Sahar Nasr, and Transport Minister Kamel al-Wazir. It also included Yehia Zaki, chairman of the Suez Canal Economic Zone (SCZone); and former deputy prime minister Ziad Bahaa El-Din as well as CEOs of major Egyptian companies. It aimed to promote opportunities for investment in the Egyptian education sector. In addition, the mission put the health sector at the top of its priorities, and has devoted a large part of its activities to discuss the latest developments in the healthcare sector in Egypt with its opportunities and challenges, as well as addressing the insurance system.
