British trade delegation arrives in Egypt to explore new investment opportunities
UK Trade Envoy to Egypt Jeffrey Donaldson arrived in Cairo on Saturday, accompanied by representatives of various British companies, aiming to explore new investment opportunties in Egypt, the British embassy in Cairo said in a statement.
The delegation is looking to make investments in the key sectors of infrastructure, agriculture, healthcare and defence.
Fourteen companies are represented by the delegation, including London International Patient Services, Rolls Royce and Bombardier, with 70 percent of those involved being new investors in Egypt.
The embassy statement quoted British Ambassador to Cairo John Casson as saying, "It’s an exciting time to be welcoming a new generation of British companies that are looking for business opportunities here."
The delegation is due to attend several meetings with Egyptian officials, including Prime Minister Sherif Ismail, Chairman of the Suez Canal Economic Zone Mohab Mameesh, and the ministers of investment, housing, trade, transport and petroleum.
The British delegation is also expected to visit the new administrative capital and meet with the project's chairman Ayman Ismail.