Latest news with #Egyptian-JapaneseBusinessCouncil
Egypt Independent
4 days ago
- Business
- Egypt Independent
Egyptian efforts to facilitate trade, boost partnership with Japan
Minister of Investment and Foreign Trade Hassan al-Khatib affirmed that the state is exerting efforts to facilitate trade, streamline business operations, and digitize procedures. Khatib's remarks came during a business breakfast, organized by the Egyptian-Japanese Business Council and the Japanese Chamber of Commerce and Industry, in coordination with the Egyptian Commercial Office in Tokyo, as part of efforts to strengthen the economic partnership between Egypt and Japan. The event was attended by more than 12 senior executives from various industrial sectors representing participating companies and organizations, reflecting the growing momentum in bilateral economic relations and Japan's interest in enhancing its investment presence in Egypt as a strategic gateway to Africa. The minister reviewed Egypt's economic indicators and industrial investment opportunities, noting that significant investments have been made in infrastructure over the past decade, which have contributed to boosting trade and increasing investment inflows. The meeting discussed the potential for cooperation between the two countries in infrastructure and renewable energy projects, including the development of wind farms and logistics ports in Egypt. Opportunities for collaboration in the machinery, energy, and food sectors were also highlighted, along with prospects for manufacturing and supplying equipment to the Egyptian market. In addition, the meeting covered cooperation in green hydrogen, export-oriented industrial zones, the chemicals, industrial, and engineering sectors, as well as smart transport projects and specialized manufacturing in Egypt. Financing and investment opportunities in infrastructure were also discussed.
Daily News Egypt
5 days ago
- Business
- Daily News Egypt
State steps up efforts to streamline trade, digitise processes: Investment minister
Investment and Foreign Trade Minister Hassan El-Khatib affirmed that Egypt is actively working to simplify trade procedures, facilitate business operations, and advance digitisation to enhance the investment climate. El-Khatib made his remarks during a business breakfast organised by the Egyptian-Japanese Business Council and the Japanese Chamber of Commerce and Industry, in coordination with Egypt's commercial office in Tokyo. The event forms part of broader efforts to deepen economic cooperation between Egypt and Japan. More than 12 senior executives from various industrial sectors and institutions attended the gathering, reflecting Japan's growing interest in Egypt as a gateway for investment into African markets. During his address, El-Khatib reviewed Egypt's economic indicators and outlined key industrial investment opportunities. He highlighted the significant infrastructure investments made over the past decade, which have strengthened trade flows and attracted further foreign investment. Opening remarks were delivered by Council Secretary-General Katsuya Igarashi and Japanese-side Chairperson Jun Karube. Discussions at the roundtable explored potential collaboration in infrastructure and renewable energy projects, including wind farms and logistics ports. Participants also discussed opportunities in machinery, energy, and food sectors, alongside plans to manufacture and supply equipment to the Egyptian market. Further topics included green hydrogen production, export-oriented industrial zones, chemicals, industrial and engineering sectors, smart transportation solutions, specialised manufacturing, and prospects for investment and financing in large-scale infrastructure projects.
