Abou El-Enein: Egypt Is China's Most Important Strategic Partner
Nada Mustafa
Prominent Businessman Mohamed Abou El-Enein, Parliament Deputy Speaker emphasized that Egypt is offering substantial incentives to global investors and multinational companies, highlighting the importance of empowering youth and preparing them for the digital transformation era.
His remarks came during a press conference held on the sidelines of the Sixth QINGDAO Multinationals Summit in China.
The event was featured by media host Ahmed Moussa on his show Ala Mas'ouliyati (On My Responsibility), broadcast on 'Sada El-Balad' TV channel.
Abou El-Enein noted that China is delivering massive projects across the African continent and in Egypt, describing the bilateral relations between the two nations as strong and cordial.
Moreover, he highlighted key milestones in the Egypt-China partnership, including the establishment of a Chinese university in Egypt and large-scale infrastructure and supply chain projects.
Abou El-Enein also praised China's meticulous planning and execution of projects, calling it 'an ancient civilization embracing Egypt's own rich historical legacy.'
The Egyptian lawmaker stressed that Egypt is China's most important partner, providing a strategic gateway for Chinese investors to expand operations and localize industries within the country.
"We have advanced engineering industries and a growing electric vehicle manufacturing sector,' he added.
Furthermore, Abou El-Enein concluded by emphasizing that Egypt's political leadership is focused on attracting investment and offering unique advantages to international companies operating within the country.
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