Sisi Receives Deputy Chairman of Total Gas Company in Paris

Egyptian President Abdel Fattah El-Sisi received during his visit to France the deputy chairman of the Total Gas Company, said Presidential Spokesman Ambassador Alaa Yousef Thursday.

In press statements, he added that the French side demonstrated during the meeting keenness on operating in Egypt and pumping more investments into the Egyptian market.

He added that Egypt comes first on the list of African countries where Total is operating and third at the international level after Germany and France.

President Sisi asserted at the meeting the keenness of the Egyptian government to enhance the energy sector to meet the growing needs of the Egyptian public.

The president further explained that Egypt is seeking to diversify its resources of power production atop of which renewable energy resources, added the spokesman.

For his part, the French official said that his country is keen on investing in Egypt, adding that the company is planning to increase its activities in Egypt in the coming period.

He hailed recent economic decisions adopted by the Egyptian government, especially those related to rationalizing subsidy offered to the power sector in a bid to redress the imbalance of energy subsidy and pricing.

Meanwhile, the president reviewed a number of development projects that are currently being implemented in Egypt especially improving the national network of roads.

Source : Egypt State Information Service