FINANCIAL NEWS

Egypt South Sinai to attract EGP150b in FDI

10 Aug 2016

(MENAFN) Egypt South Sinai is planning to attract foreign investors, with value of EGP150bn in sectors, such as hospitality, industrial, agriculture and fishing.

Moreover, Egypt met a group of investors from Abu Dhabi Chamber of Commerce, to discuss investment chances and ways of attracting UAE investors to Egypt.

On the other hand, among the investment chances in tourism the delegation will showcase EGP 100bn in a new city developed by 25 square meters.

In addition, this plans will attract investment in order to enhance South Sinai are in line with Egypt’s targets to make 320.000 job chances in the governorate by 2030.

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