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President Sisi invites Norwegian companies to invest in Egypt
10 December 2024
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President Abdel Fattah El-Sisi participated, on Monday, in a dinner banquet with Crown Prince Haakon of Norway and the Minister of International Development, in the presence of senior executives of Norwegian companies and economic and investment funds, as part of the President's state visit to Norway. 

In a speech delivered during the dinner, President Sisi said that Egyptian government has adopted an ambitious plan to improve the investment climate and strengthen the role of the private sector in driving economic development. This is being implemented through providing incentives and facilitations for foreign investors and removing any obstacles they may face. 

He added that during all his meetings, he emphasized the importance of enhancing economic and investment cooperation between our two countries. 

“I highlighted the great importance the Egyptian government attaches to attracting foreign direct investment to the Egyptian market, which offers numerous opportunities across various vital sectors of mutual interest, such as energy including traditional, new, renewable, and green sources, transport, infrastructure, industry, agriculture, and information and communications technology, in line with the ambitious plans and goals to maximize the benefits from Egypt's unique and strategic geographic location,” President Sisi said.

President Sisi invited all Norwegian companies and investment funds to augment their presence in the Egyptian market and to build on the existing successes of cooperation between several major Norwegian companies and the Egyptian side.

He also thanked the Norwegian side for organizing this meeting, “which shall contribute to further deepening Egyptian-Norwegian relations at all levels.” 

“I would also like to express my gratitude to His Highness the Crown Prince of Norway for his attendance, which demonstrates our countries' keenness to further elevate relations that we highly value,” the president said.

President Sisi arrived on Sunday in Oslo, the capital of Norway, on the second leg of a European tour that he initiated with a visit to Denmark over the past two days.

Source: Egypt Today

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