Continuing the efforts made by the Egyptian government to attract investments from Egyptian expatriates, the Minister of Emigration, Soha Gendy, recently expressed her willingness to welcome Egyptian investors residing abroad. The Minister pledged to resolve any issues these investors may face, with the aim of boosting economic development and injecting investment into the country, thereby creating new employment opportunities for Egypt’s youth.
During a meeting with the Egyptian businessman residing in France, Sherif Salama, Minister Gendy discussed the measures taken for the implementation of the Salama tourism project in Egypt. This meeting is part of the ministry’s efforts to contact Egyptian businessmen and investors living abroad to encourage them to invest in their country of origin.
Minister Gendy stressed the importance of maintaining regular contact with Egyptian businessmen abroad and facilitating their investments in the Egyptian market, with the aim of creating new employment opportunities. She also promised to contact the relevant authorities to resolve possible obstacles encountered by the Salama project, highlighting investments in the tourism and hospitality sector in Egypt.
In conclusion, Minister Gendy expresses her hope that Sherif Salama’s project will contribute to the addition of new hotel rooms to the Egyptian market. This desire displayed by the Egyptian government to encourage investment by Egyptian expatriates in the country is a positive sign of the commitment to economic development and the creation of opportunities for Egyptian youth. The government’s support for Egyptian investors residing abroad is a recognition of their essential role in promoting the national economy.