Nasr, Singaporean amb. confer on increasing investments to Egypt

Investment Minister Sahar Nasr has invited Singapore to establish more joint projects with Egypt. 

Singapore can very well invest in national mega projects, such as the administrative capital, Nasr said in a meeting with Singaporean Ambassador here Premjith Sadasivan Saturday. 

The meeting focused on efforts to boost Singaporean investments in Egypt, especially in the fields of transport, harbors and training. 

Sadasivan said his country is looking forward to contributing to the Suez Canal Corridor project. 

The Egyptian government welcomes Singaporean investors, Nasr told Sadasivan, pointing to an open policy adopted by Cairo to encourage investors to do business in the country and create an investment-friendly climate. 

The meeting also took up preparations for an upcoming visit by Nasr to Singapore to get firsthand information about its experiment in attracting investments.

Source: MENA