PM Meets With Delegation of German Businessmen

Prime Minister Ibrahim Mahlab on Wednesday 2492014 held a meeting with a delegation of German companies, trade unions and chambers of commerce, said Spokesman for the Cabinet Hossam al-Qawesh.

During the meeting, Mahlab said that the time is ripe for German companies to invest in Egypt as the country is carrying out a number of major projects such as the New Suez Canal project.

The government is working on amending laws regulating investment and improving economic conditions, Mahlab said.

Mahlab said he is looking forward to increasing cooperation programs between Egypt and Germany in various fields such as training and establishing industrial vocational schools.

For his part, the German Ambassador expects that German companies will increase their investments in Egypt.

MENA

Source : Egypt State Information Service