Holding this investment conference comes at an extremely critical time, in light of the successive international and regional crises that have cast a very negative shadow and multiple challenges and economic burdens on all countries at various levels. This requires continuous support and coordination between Egypt and its partners in Europe to sustainably address these challenges, especially after Egypt has proven that it is a reliable partner in facing common challenges and in a way that achieves security and stability in our regional neighbourhood.
Egypt is taking steady and rapid steps on the path of change and reform for a more sustainable economy. In its pursuit to achieve that, the State has undertaken a number of reforms to further empower the private sector, increase the competitiveness of the Egyptian economy, support the green transition, and mobilize foreign direct investment.

Today’s conference will give European countries and economic entities the opportunity to explore the available investment potential in Egypt, especially in areas that stimulate economic growth and employment, such as the sector of communications and information technology sectors, manufacturing industries, clean and renewable energy production and the circular economy. This is in addition to promoting Egypt as a regional hub for supply chains for European companies and a hub for the transfer and trade of renewable and green energy, in light of Egypt’s geographic proximity and strategic location, as well as shedding light on areas that attract investment in Egypt, such as the Suez Canal Economic Zone.
Holding this conference today is a message of confidence and support from the European Union for the Egyptian economy and the economic reform measures that have been implemented over the past ten years. The State is keen to continue implementing them during the coming period, reflecting the success of these steps and confirming Egypt’s ability and will to overcome economic challenges and to move forward with the implementation of the comprehensive development plan.

Dear attendees, the distinguished guests of Egypt,

I welcome you again and I look forward to witnessing a successful and fruitful conference that achieves tangible results that enhance economic cooperation between Egypt and the European Union and contribute to increasing the flow of European investment to the Egyptian market and therefore achieve prosperity, security and stability for our peoples and countries.

Thank you