Madbouly stressed the government's commitment to regular and continuous monitoring of the implementation of the government IPO program and the measures taken by relevant authorities in this regard, in implementation of the State Ownership Policy Document. He noted that today's meeting falls within the framework of monitoring the implementation of the IPO program in several sectors, particularly the petroleum and public business sectors, to consolidate the goals of encouraging the private sector and enhancing its participation in driving the growth of the Egyptian economy.
He also indicated the government's commitment to monitoring various efforts to support the role of the private sector in general and to remove all obstacles to its investments so that it can lead the development process, particularly in promising and vital sectors.
Badawi reviewed a number of investment opportunities available to the private sector in the petroleum and mineral resources sector, emphasizing the ministry's interest in cooperating with the private sector in this vital sector to increase investment rates and achieve the state's development goals.
Shimi spoke about investment opportunities available to the private sector in companies affiliated with the public business sector, whether in the mining, tourism, or other sectors.
El Khatib proposed setting a general vision for the IPO process in the targeted sectors, with the aim of maximizing the use of state assets and achieving a successful partnership with the private sector based on the state's objectives in the IPO program.
At the end of the meeting, the Prime Minister directed the preparation of a vision for the IPO process, in coordination with the relevant ministries, over the coming period, to be presented to the Cabinet.