Investment min., Saudi investor discuss investing in new administrative capital

Investment and International Cooperation Minister Sahar Nasr asserted on Sunday that measures required to attract investments and enhance business climate are on top of her agenda.

This came during her meeting with Saudi investor Ghassan bin Abdullah, head of Ghassan Holding Group.

During the meeting, the minister said the ministry is currently working on drawing up an investment plan in coordination with all ministries that includes all INVESTMENT OPPORTUNITIES nationwide available for Arab and foreign investors.

The Saudi investor hailed the measures taken by the Egyptian government to enhance the investment climate. He pointed out at his willingness to invest in a number of projects in Egypt, including building a housing complex in the new administrative capital, cultivating olives and establishing shopping malls.

The minister also met with Port Said Governor Adel el Ghadban and Mansour Amer, head of Amer Group, to discuss investing in the establishment of a new recreational investment zone (Porto Said) that will include a number of HOTELS, shop[ping malls, chalets and a port for yachts.

Source: MENA