Egypt’s investment opportunities to be promoted in Italy

The Internal Trade Development Authority (ITDA) and a delegation of the Italian confederation of economic development have agreed to organize a conference in Rome for promoting Egypt’s investment opportunities among Italian companies.

Foreign direct investments in Egypt amounted to 9 billion dollars, ITDA chief Ibrahim Ashmawi said in a statement.

Italian companies have a great opportunity to pump investments in Egypt to benefit from economic reforms applied in the country and its position as a gateway to Africa and the region, he added.

Source: State Information Service Egypt