30 Indian firms show interest to invest in Egyptian sectors
Around 30 Indian companies expressed their interest on Thursday in investing in Egypt in a number of different fields.
These sector include textiles, petroleum, natural gas, hospitality, pharmaceuticals, vaccines, and green ammonia production, a ministerial statement said.
This came during a meeting between Egypt’s Prime Minister Mostafa Madbouly and representatives of 30 Indian firms on the sidelines of the India Egypt Business Meet.
A number of Indian companies showed interest in importing liquefied natural gas (LNG) from Egypt as part of their investments.
Some Indian banks conveyed their interest to fund the Egyptian-Indian joint projects whether in Egypt or India.