URGENT: IMF lifts Egypt's 2025 growth forecast to 4%    Gold prices rise slightly on July 29th    Egypt's FM urges UK to pressure Israel to stop Gaza war    H. Kong's trade volume jumps in June '25    Egypt's anti-drug body launches new awareness phase in Maspero Triangle    Minister El-Shimy pushes for stronger returns, partnerships in real estate, construction sectors    Apparel, textile chambers engage with Chinese delegation to explore investment opportunities in Egypt    Agiba Petroleum starts production from Arcadia-28 at 4,100 BOE/day    Egypt reviews health insurance funding mechanism to ensure long-term sustainability    Obama calls for aid access to Gaza, says 'no justification' for withholding food    Gaza on verge of famine as war escalates, ceasefire talks stall    Gaza crisis, trade on agenda as Trump hosts Starmer in Scotland    Egyptian president follows up on initiatives to counter extremist thought    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Egypt will keep pushing for Gaza peace, aid: PM    I won't trade my identity to please market: Douzi    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    Egypt foils terrorist plot, kills two militants linked to Hasm group    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    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    







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Malaysia PM: Egypt should develop industrial sector
Published in Youm7 on 30 - 06 - 2011

Egypt's caretaker government must develop the industrial sector, said Malaysian Prime Minister Mathathair Mohamed, criticizing the former regime's full dependence on the tourism industry.
Mohamed refused to comment on the performance of Prime Minister Essam Sharaf's government during a press conference on Wednesday. He said the transitional government should afford many pressures. He said such governments cannot make long-term decisions, as their main mission is to achieve stability. He said democracy does not need to be achieved through stability, as democracy is practiced with the possibility of gain and loss.
Regarding prosecuting members of Egypt's former ruling regime, Mohamed said, “Achieving justice needs enough time but it should not be long. Slow justice equals injustice.” He added, “Since I came to Egypt, I received many questions about the Malaysian experience and the possibility of its implementation in Egypt. So, I say Egypt should look at other experiences, not only the Malaysian case, to choose which is most suitable.”
In response to a question by Youm7 about the repercussions of his meetings with Egyptian officials on Wednesday, Mohamed said during his meeting with Sharaf and representatives of Egypt's ruling military council he told them about the suspension of a Malaysian ship carrying pipes to the Gaza Strip. He said Sharaf ordered the shipment to pass through the port of al-Arish after Israel suspended the shipment.
He added, “I don't know how Egypt prevented the movement of drugs to the Gaza Strip during [Hosni] Mubarak's term.”
Regarding Egypt's January 25 Revolution, Mohamed said Egypt has no chance of failure. He said Egypt has become the model which all Arab countries which to imitate.
The Malaysian Prime Minister said the free market economy is the invention of developed countries. He added that despite its negative effects, Malaysia has its own style to deal with such a system. He said Malaysia has laws that prevent corruption. He gave an example about how licenses are issued quickly in Malaysia to prevent bribes. He also said Malaysia has an authority to receive complaints, also a move to limit corruption.


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