Pyramids Developments has welcomed representatives from the Chinese Haier Group during their visit to the New Administrative Capital (NAC) to explore potential cooperation between the two groups in the upcoming period, Invest-Gate reports.

This collaboration aligns with the economic investment and international cooperation between Egypt and China, as part of the state’s strategy to attract more investments and foster the growth of the industrial sector, thus driving significant economic advancement.

During the visit, an on-site inspection of Pyramids Developments’ projects was conducted to assess their progress. The Haier Group delegation recognized the strategic locations of Pyramids Developments’ projects within the NAC, as well as the substantial business opportunities associated with these projects.

Hisham El Khouly, Chairman of Pyramids Developments, highlighted that the collaboration between the Pyramids Group of Companies and the Chinese Haier Group is aligned with the state’s plan to attract investments and promote the Egyptian economy’s growth, particularly in the industrial sector.

Waleed Eltayeb, Chairman of Pyramids Developments, emphasized that the partnership with the Chinese Haier Group aims to deliver projects with meticulous precision and the highest standards. He further noted that the Chinese Haier Group has expressed its full readiness to engage in this cooperation.