Minister Sahar Nasr
Egypt seeks encouraging investments in needy areas
Minister Sahar Nasr
Washington - Arab Today
Egyptian Minister of Investment and International Cooperation Sahar Nasr said Egypt offers incentives to investors to do business in most needy areas to curb the flow of people from villages to the Delta.
Addressing the World Bank spring meetings, Nasr added that incentives were also offered to agricultural companies worldwide to join the Egyptian market.
As for the health sector, she noted that the government allocated more funds for establishing health units in poor and rural areas.
She said infrastructure investments are not enough in view of bloating population, adding that this had prompted the government to enhance cooperation between the private and public sectors.
She said the ministry is drawing up an investment map to post investors on available investment opportunities nationwide.
World Bank's Vice President for Sustainable Development Laura Tuck moderated the meeting.
Source: MENA
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