Some businessmen and investors in Fayoum expressed their support for the initiative of prominent businessman Mohamed Abou El-Enein, Chairman of the Egyptian-European Business Council, for the Egyptian existence in Africa, under the title “manufacture in Egypt and export to 70 countries” to achieve integration with the continent.
Madgy Taha Jaballah, head of Fayoum Chamber of Commerce, said that the initiative will open markets for trade exchange between the countries of the African continent and enhance communication between these countries to break the trade stalemate in many countries, create jobs and provide hard currency.
Abdul-Mohsin Mustafa, vice president of Fayoum Chamber of Commerce and a businessman, said that “Abou El-Enein” initiative is one of the great national initiatives that will benefit the Egyptian economy and investors as well, provide hard currency and create job opportunities as a result of the trade exchange between these countries.
Kamil Girgis Al-Ghannam, a businessman, said that Abou El-Enein initiative is a great initiative and will find great support from the state, businessmen and investors to develop and create real investment opportunities between the African countries and other countries.
Tourism expert Rami Eliywa said that such an initiative could lead to a major boom in tourism investment between Fayoum governorate and these countries.
Abou El-Enein’s initiative aims at achieving Sustainable development:
MP, Majed Abou El-Khair, deputy of the parliament’s African Affairs Committee praised President of Egyptian-European business council, prominent businessman, Mohamed Abou El-Enein’s initiative entitled “Manufacture in Egypt, and export to 70 countries”.
In statements to “Sada ElBalad”, Abou El-Kahir added that this initiative aims at achieving the sustainable development.
Moreover, he pointed out that Egypt works to overcome obstacles that stand in the way of communication between Egyptian businessmen and the African countries.