Nasr: China to Be Egypt’s Tenth Largest Foreign Investor

Nasr: China to Be Egypt’s Tenth Largest Foreign Investor

Egypt hopes that China will be the country’s 10th largest foreign investor in the coming years, Invest-Gate reports.

Minister of Investment and International Cooperation Sahar Nasr voices these hopes at a meeting with a delegation from the Export-Import Bank of China.

During the meeting, Nasr discusses with the Chinese delegation China’s current projects in Egypt, including the electric train and the multi-purpose station in Alexandria port.

The Chinese delegation also says that it is seeking to pump more investments into Egypt in the coming period, noting that the electric train project  will connect 10th of Ramadan City with the New Administrative City.

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