Minister of Investment and International Cooperation Sahar Nasr met on February 24 with a group of Lebanese as well as Egyptian investors participating in the third Egyptian-Lebanese Businessmen Forum, Invest-Gate reports.
According to a statement, the investors spoke to the minister about flagship projects underway in Egypt as well as future investment plans. Nasr also listened to their complaints concerning the obstacles they face as investors.
“The ministry’s priority at the current stage is applying the investment law, which is currently being presented before the House of Representatives, and issuing its Executive Regulations,” Nasr assured investors.
“The Investment Complex is currently under development to improve the performance and solve problems facing current or potential investors,” she went on.
Nasr also added that the recent integration of international cooperation and investment ministries would provide co-financing from international agencies to the private sector, especially for labor-intensive production projects and ones aiming to develop domestic production and replace imports.