‘Egypt The Future’ Hits US$38bln Investment Turnarounds till now

Sharm El Sheikh attracted total investment reached US$ 38 billion so far, after government signed 15 new agreements with German, Italian, Emirati, American, Chinese companies and a petroleum agreement with British Petroleum Company worth US$ 12 billion, as well as signing 4 agreements with German Siemens in energy field worth US$ 5 billion.

The transportation ministry signed another 6 agreements with US$ 2.2 billion. The ministry also agreed with American and Chinese companies to implement the logistic project in Damietta.

Furthermore, Emirati Khalifa Group decided to pump US$ 2 billion in investment projects.