State Minister of Emigration Soha Gendy asserted the state’s success to attract several international companies to the Egyptian market in the recent years, pointing out to the state’s keenness to provide several facilitation and different investment opportunities for investors and Egyptian businessmen abroad.

This came during Gendy’s meeting with an Egyptian businessman in France Samuel Matias, who is the owner of Cordon Electronics in Paris and an Egyptian investor abroad, to review the latest developments of his project and put the final frameworks of the implementation stages within the framework of the strategy of the Ministry of Emigration to promote for investments in Egypt and benefit from the Egyptian expertise abroad in the different fields.

During the meeting, Matias apprised Gendy of the latest developments of his project where he asserted that the project aims at serving his country and increasing the volume of investments and providing major job opportunities for Egyptian youth in light of the
development witnessed in Egypt in the field of investment after the major upgrade of the infrastructure to contribute to attracting more investments.

The project is one of the projects that the international communication companies, the French partner, would implement in cooperation with an Egyptian investor to establish a factory for re-manufacturing and recycling of smart phones.

At the end of the meeting, Gendy expressed readiness to present all aspects of support to the project in coordination with the bodies concerned.

Source: State Information Service Egypt