US$4 bln Net Foreign Investments Targeting to Attain by 2014-End: Minister

The Egyptian Investment Minister Osama Salah said the current interim Cabinet is aiming to attain EGP4 billion net foreign investments by the end of 2014.

The Minister asserted that the ongoing phase is witnessing many foreign investors who are inspecting the conditions in the Egyptian market as a prelude to investment expansion.

He further added that despite the political and insecurity turmoil which experienced by Egypt over past three years, the net foreign investments reached US$9.2 billion in this time which explained that the Egyptian market keeps its benefits.