The gathering included prominent figures from Equatorial
Guinea's business community, with representatives from key sectors such as infrastructure,
energy, mining, agriculture, and logistics. A number of investors interested in
the Egyptian market were also present.
Minister Abdelatty showcased Egypt's recent economic
achievements, including monetary reforms, the adoption of a flexible exchange
rate, and the new investment law which simplifies company and factory licensing
procedures. He also highlighted significant advancements in social housing,
infrastructure, and new road projects.
Discussions also revolved around fostering investment and
trade cooperation between Egypt and Equatorial Guinea. The Minister emphasized
Egypt's attractive investment climate, robust legislative framework, and
ongoing major national projects across various sectors, all of which present
promising partnership opportunities for Equatorial Guinean businesses.
A key outcome of the meeting was an agreement to organize a joint
forum for companies and businesspeople from both countries in the near future.
This initiative, to be coordinated with the General Union of Chambers of
Commerce in Malabo, aims to establish direct communication channels between the
two business communities, explore joint investment prospects, and boost
bilateral trade.
Furthermore, Minister Abdelatty reiterated Egypt's readiness to provide technical expertise and support in vital areas such as infrastructure, electricity, irrigation, and technical education. This assistance will be facilitated through experienced Egyptian companies that have a proven track record of executing large-scale projects in various African nations.