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Published on 2024-02-08 08:49:47
Minister of Emigration Soha Gendy has emphasized her readiness to welcome Egyptian investors living abroad and the Ministry of Emigration’s commitment to addressing any challenges they may face in order to drive the development process forward and attract investments into the national economy to enhance it and create job opportunities for youth.
In a meeting with Egyptian businessman Sherif Salama, who resides in France, Gendy highlighted the valuable investment opportunities that Egypt has to offer. The discussion focused on the steps being taken to realize Salama’s tourism project in Egypt.
This initiative is part of the ministry’s efforts to engage with Egyptian businesspeople and investors living abroad, with the aim of encouraging them to invest in Egypt. According to a statement released by the ministry on February 6, 2024, this is an integral part of the ministry’s mission.
Gendy affirmed that the ministry is dedicated to reaching out to Egyptian businesspeople abroad and facilitating their investments in the Egyptian market, in order to create job opportunities. This is aligned with the broader efforts of the Egyptian government to promote investments by Egyptian expatriates across various sectors.
Furthermore, Gendy made a commitment to liaise with the relevant authorities to address any obstacles that may be impeding Salama’s project. She commended the investments being made in Egypt’s tourism and hospitality sector and expressed her optimism that the project will contribute to the expansion of the country’s hotel room capacity.
This commitment to fostering connections with Egyptian investors and business people living abroad demonstrates the Ministry of Emigration’s dedication to leveraging the talents and resources of the Egyptian diaspora for the benefit of the country.
The meeting between Minister Gendy and Sherif Salama underscores the importance of collaboration between the government and the private sector, particularly in the context of attracting foreign direct investment and promoting economic development.
Through these efforts, the Ministry of Emigration seeks to create an environment that is conducive to investments from Egyptian expatriates, recognizing their potential to make a significant contribution to the country’s economy and overall growth.
In light of this, the ministry’s proactive approach to engaging with Egyptian investors living abroad is a testament to the government’s commitment to promoting economic development and creating opportunities for all members of the Egyptian community, both at home and abroad.
In conclusion, the ministry’s dedication to facilitating investments from Egyptian expatriates and the positive dialogue with businesspeople like Sherif Salama are indicative of a broader commitment to harnessing the potential of the Egyptian diaspora for the benefit of the country’s economic growth and development.
Read Original article on Egypt Independent
