Abdelatty said Egypt is keen to support Indian companies looking to expand in the Egyptian market, as Cairo seeks to strengthen partnerships with major Indian firms across several sectors.
During a formal dinner hosted by Indian Minister of External Affairs, Subrahmanyam Jaishankar, in honor of Egyptian Minister of Investment and Foreign Trade, Hassan El-Khatib, both officials expressed their commitment to expanding economic cooperation.
The minister emphasized Egypt’s commitment to welcoming Indian investments and providing an attractive business environment. He highlighted the government’s ongoing efforts to improve the business climate and streamline procedures for investors.
This Factory will be the first project in Wadi Al-Technologia in the East Ismailia Industrial Zone, and expected to create 150 direct jobs.
This came during a meeting between Minister of Investment and Foreign Trade, Hassan El-Khatib, with PS Jayaraman, Chairman of theIndian TCI Sanmar Chemicals company , to review the company’s current projects in the Egyptian market and its expansion plans in Egypt during the next stage.