Qatari Investments To Reach $18 bln In 3 Years: Abu Hashima

The Egyptian businessmen Ahmed Abu Hashima, Vice Chairman, at Egyptian-Qatari Business Council, said the volume of the Qatari investments will exceed $18 billion in the coming 3 years.

He added that the study of the project, which is constructing an Egyptian-Qatari integrated industrial city, has been finished, and also there are under-construction four factories for steel, a company for cement, in addition to Barwa ventures in El Taganou EL Khames District, which their lands value reached EGP 4.8 billion.

“The Egyptian government is always reassuring all the Qatari investors, and Egypt will overcome these crises”, said Abu Hashima; adding that the government is working on attracting Arab and Foreign investments through preparing the convenient climate, resolving problems and obstacles that the investors always face.

During the coming January, the Egyptian-Qatari Business Council will discuss, in Doha,   how to revive and attract Qatari investments and institutions to the Egyptian market, besides preparing for the International Economic Conference, which is supposed to be held in the H1 of 2013, at the target of promoting for  promising investment opportunities in the Egyptian market.