Abou El-Enein: Egypt is the gateway for green industries in Africa, Middle East
Basant Ahmed
Parliament deputy speaker MP Mohamed Abou El-Enein, stressed that Egypt represents a global investment and export platform thanks to its geographical location and extensive trade agreements.
He pointed out that the Egyptian state, under the leadership of President Abdel Fattah El-Sisi, is opening its arms to strong economic partnerships with the world, especially with China, in order to build a developed and prosperous industrial future.
During his speech at Sixth QINGDAO Multinationals Summit in China, Abou El-Enein said: "I am pleased to represent Egypt, the African continent, and the Middle East at this global economic forum, which constitutes an important platform for exchanging visions and building partnerships."
He pointed out that the partnership between Egypt and China represents a model for cooperation based on common interests and maximizing added value, stressing that the Egyptian and Chinese civilizations meet today for an advanced industrial and economic future, especially in the fields of technology and renewable energy.
The Parliament deputy speaker added: "Egypt has free trade agreements with 54 African countries and 27 European countries, making it an ideal hub for production and export to a market of more than 2 billion consumers."
Abu El-Enein revealed that Egypt currently offers a wide range of promising investment opportunities in strategic sectors such as: electric car manufacturing, electronic devices, solar panels, lithium batteries, information technology and artificial intelligence, and green hydrogen, in addition to sustainable infrastructure projects, smart cities, and ports.
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