$2.5 bln Investments Of 820 Italian Companies In Egypt

Ahmed Galal El Din, Chairman of International Business & Investment Association-(IBIA), unveiled the volume of Italian investments in Egypt, which amount to $ 2.5 billion, distributed on 820 companies work in different productive sectors.

The average of the trade exchange’s annual volume between Cairo and Rome records approximately $ 6 billion amenable to rapid growth in the coming period amid the consideration of the two countries’ governments to maximize this cooperation.

Gala El Din affirmed that the Egyptian economy has numerous investment opportunities cam attract foreign capitals to directly invest in Egypt within the coming period; paving the way for real economic development.