The opening of Egypt's Economic Summit with the participation of industrialist Mohamed Abou El-Enein
- Abou El-Enein presents his vision for industrial investment in Egypt’s Economic Summit.
- Egypt succeeded in creating investment incentives through the reform program.
- Reaping the benefits of economic reform is very soon.
- I demand a review of the investment cost system to increase production.
- The government is implementing economic reform to remove all obstacles facing investors.
- Greetings to President El Sisi who is building modern Egypt.
Businessman Mohamed Abou El Enein, Honorary President of the Parliamentary Assembly of the Mediterranean and Chairman of the Egyptian European Business Council, said that the fruits of economic reform are coming very soon and that the Egyptian people who bear the consequences of economic reform will reap these fruits after the improvement of macroeconomic indicators.
During his presidency of the “Industry and Export Session” at the Egypt Economic Summit on Tuesday, Abou El Enein said that industrial development is the vital engine and spirit of the industrial sector, especially if more facilities are provided to the industrial investor to increase his activity and making new expansions in various sectors.
Abou El Enein paid tribute to Egypt’s President Abdel Fattah El Sisi, expressing sincere and deep appreciation for his key role in building modern Egypt and achieving development.
Addressing “Egypt Economic Summit”( EES), Abou El Enein also expressed his gratitude to Egyptian armed forces and police who always sacrifice their souls for the sake of their homeland.
Majdi Ghazi, Chairman of the Industrial Development Authority (IDA), Nevin Gamea, Chief Executive Officer of SME Authority, and Alaa Ezz, Vice President of the Chamber of Commerce, participated in the industry and export session.
The Prominent businessman said:” We should hold an international conference to host world’s key manufacturers, invite them to invest in Egypt and provide them with all means of incentives that help them to accomplish industrial achievements.”
“Egypt has recently achieved great achievements in the field of tourism in addition to its discoveries in the petroleum field, as we became an oil and gas exporter”, Abou El Enein confirmed.
He also stressed that it is time to study the demands of the global market and the competitive elements in the Egyptian market.
Aboul Enein noted that we should make use of the human resources and specialized industries in Egypt to achieve great industrial progress.
Noteworthy, Abou El Enein participated in Egypt economic summit “EES” that kicked off this morning in one of Cairo’s hotels.
The one-day summit discussed the role played by the national projects in supporting the Egyptian economy, and how these projects contributed to a qualitative leap in the Egyptian real estate sector.
The summit focused on a number of issues and problems facing the Egyptian real estate sector, and the role of national projects in attracting foreign investors.
Egypt economic summit is held under the auspices of Prime Minister Dr. Mostafa Madbouly, in the presence of more than 40 ministers, officials and a number of experts and opinion leaders in various economic fields, to discuss the future of Egypt following the economic reforms.
Noteworthy, the page of summit on Facebook said: “5 speakers, including businessman Abou El Enein, joined the industry panel in the first edition of EES to explain how Egypt’s economic policy remains focused on fiscal and business-related structural reforms to restore financial stability and improve the business environment.”
