Cairo:Chairman of the Cairo Chamber of Commerce, Ayman al Ashry, has expressed support for Finance Minister Ahmed Kouchouk's invitation to Turkish companies to invest in Egypt, highlighting the potential to enhance economic and trade relations between Egypt and Turkey.

According to State Information Service Egypt, El Ashry made these comments following a meeting between Kouchouk and Turkish investors held during the Istanbul Economic Forum. He emphasized that Egypt's tax and customs incentives, upgraded infrastructure, and strategic location are attractive factors for Turkish investment.

El Ashry also advocated for increased communication with Turkish investors to identify opportunities in manufacturing, industry, and trade. He noted that stronger business relationships could facilitate technology transfer, boost local production, and expand Egyptian exports.

Furthermore, El Ashry commended the Finance Ministry's initiatives to streamline tax and customs processes, address investor concerns, and improve the overall business environment. He stated that bolstering economic partnerships with Turkey and other international markets can enhance private-sector investment and contribute to Egypt's Vision 2030 development objectives.