Egypt is gateway for Austrian companies to 1.5bln people in Africa: minister - News Summed Up

Egypt is gateway for Austrian companies to 1.5bln people in Africa: minister


Minister of International Cooperation Rania Al-Mashat has stated that Egypt is a gateway to Africa thanks to its strategic location, and efforts made by the state to transform it into a logistical and commercial center in the African continent, Middle East and North Africa region. Moreover, free trade agreements signed with Egypt provide a great opportunity to reach more than 1.5bn consumers in Africa. The minister participated as a keynote speaker in a conference of Austrian Economic Chambers within the framework of the Austrian Export Day 2023 with the participation of thousands of private sector companies, in the Austrian capital, Vienna. The Minister called on Austrian companies to explore investment opportunities in Egypt, especially in the development of projects announced by the government, including Suez Canal Economic Zone, Golden Triangle, New Administrative Capital, and new cities. © 2022 Daily News Egypt.


Source: The North Africa Journal June 22, 2023 16:08 UTC



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