Egypt has created healthy environment for investment, says MP Abou El-Enin

Egyptian MP Mohamed Abou El-Enin said on Wednesday development is vital for the industry in Egypt, and that the country is witnessing economic prosperity as evidenced by the praise international corporations have had for Egypt’s economy and investment climate.

Abou El-Enin made these remarks during the industry and exports session held during the Egypt Economic Summit in Cairo on Tuesday.

Abou El-Enin, who is also the head of the Egyptian-European Business Council and honorary president of the Euro-Mediterranean Parliament, added that Egypt’s government has successfully implemented its economic reform programme over the past few years, which has provided a healthy environment for investment and stimulated foreign investments.

Abou El-Enin called for holding an international convention to attract manufacturers from all over the world to the country by providing them incentives and establishing more economic and industrial cities of a global nature.

Source: Ahram Online