Sobhi & a Chinese investor discuss establishing a bicycle factory

Minister of Youth and Sports Ashraf Sobhi on Wednesday discussed with the owner of Chinese bike makers Guangzhou Trinity Cycles the establishment of a bicycle factory in Egypt.

The minister pointed out that Egypt has become an investment-attracting country with stability under the new investment law.

Sobhi added that the ministry aims to go into partnership with investors and have the private sector involved in promoting the cycling sports in Egypt.

Source: State Information Service Egypt