Investment and International Cooperation Minister Sahar Nasr on Saturday discussed with the chairman of a Chinese company for waste recycling establishing a recycling factory in Egypt.

The chairman expressed his company's willingness to invest in Egypt, in light of the improvement of the country's business climate.

Operating in 20 countries, our company is one of the world's leading recycling companies, the chairman said.

The company has conducted a study on offering assistance to Menoufiya governorate in getting rid of waste, the chairman said, adding that an MoU has been signed in this regard.