President Sisi emphasizes Egypt's keenness to enhance private sector's role in driving economic development
CAIRO – 26 May 2025: Egypt's President Abdel Fattah El Sisi held an expanded meeting with the representatives of US companies on Monday.
The President welcomed them and emphasized the deep and strong Egyptian-American strategic relations, and Egypt's keenness to strengthen them in all fields to serve the interests of both parties, especially in the economic, trade and investment fields.
The President noted that Egypt is a large market, and has a ready and advanced infrastructure to receive investments, and that legislative reforms have been implemented to attract foreign investments, adding there are areas such as the Suez Canal Economic Zone that provide all facilities for foreign companies and investors.
The President reviewed the massive efforts undertaken by the Egyptian government within the framework of the economic reform program, which has contributed to a significant improvement in macroeconomic indicators, enhanced productivity, and created job opportunities.
President Sisi highlighted the vast opportunities available to foreign investors in Egypt, given its unique geographic location, serving as a gateway to Arab and African markets, as well as Europe.
The President welcomed both current and new American investments, and stated that the state is ready to eliminate any obstacles to ensure the success of American companies and investors in Egypt, in appreciation of the special Egyptian-American relations.
The President noted the state's keenness to enhance the role of the private sector in driving economic development.
The meeting focused on Egypt's priority investment sectors, including the communications and information technology, AI, medical device and pharmaceutical production, the automotive industry, renewable energy production, construction and infrastructure, and the food industry.
This is due to Egypt's competitive advantages in these sectors. The President emphasized the priority Egypt accords to localizing the industry.
The President listened to interventions from the delegation members, who expressed their appreciation for the Egyptian government's commitment to supporting investment and economic development.
They affirmed their keenness to capitalize on the promising opportunities offered by the Egyptian market and economy to achieve common interests.
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