Cairo Contact Maadi Park Aims Cooperating with U.S Investment Funds

Cairo Contact Centers of Maadi Park is aiming cooperating with a numbers of U.S investment funds.

Chairman of the Board of Directors Mohamed Abdel Wahab said Egypt has conducted negotiations and discussions with a numbers of Angel investors ,Nurseries and American foreign business and business “Accelerators in U.S  with the aim of investing in Maadi Park in cooperation with the operating firms in region.

Egypt has took part in the Forum which organized by South Korea with 14 countries from developing markets targeting to transfer its experience in extending in infrastructure and launching new technological areas.

Abdel Wahab spoke to Amwal Al Ghad explaining that Brazil, Iran, Morocco, Yemen, Nigeria, Gabon and Peru have participated in the conference, asserting that Egypt called the participants and investors to visit the areas so as to attract fresh investments and exchange experiences.

The Egyptian Cabinet approved offering investment technological areas in Maadi as PPP system with expected investments up EGP3 billion.

In a previously statements, the Information and Communication Technology Minister Atef Helmy expected that 2 buildings in Maadi Park will be launched within the ongoing year to create 5000 direct job opportunities and 18000 indirect.

The Ministry seeks creating 80.000 direct job opportunities and 320.000 direct through investing in Maadi Park, after the approval of the government to allocate new areas for investment.