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Egypt looking to attract more S'pore investors

Egypt is keen to work with Singapore to set up an industrial park in the Suez Canal Economic Zone (SCZone).
29.08.17 | Source: StraitsTimes

Dr Sahar Nasr, who visited Singapore last week, added that Egypt is looking to attract more Singapore investors, especially in the urban development, utilities, maritime and food-processing sectors.

Dr Nasr and a delegation from the country were here last week to meet government and private-sector leaders, including Deputy Prime Minister and Coordinating Minister for National Security Teo Chee Hean; Coordinating Minister for Infrastructure and Minister for Transport Khaw Boon Wan; and Senior Minister of State for Trade and Industry and National Development Koh Poh Koon.

The visit came on the back of comprehensive economic reforms launched in Egypt to improve the business environment and attract more foreign investors.

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