50 Italian companies to hold investment talks in Egypt in February

A trade mission of 50 major Italian companies in the energy and logistics sector will hold investment talks during a visit to Cairo in February, according to Italian ambassador Maurizio Massari.

The talks will take place to discuss the investment opportunities prior to the economic summit in March, Massari added.

Italian Prime Minister Matteo Renzi appointed Carlo Calenda, Italian Deputy Minister for Economic Development, and the trade mission to visit Egypt to discover new investment opportunities, Massari said during an economic conference in the Italian Chamber of Commerce last Thursday.

He added that the visit to Egypt will be a prestigious one, with an official from the Italian government in attendance. The delegation will meet with officials from the Economic Group as well as members of the Italian Egyptian Business Council.