الرئيسية / news / Japanese PM supports companies investing in SCZone

Japanese PM supports companies investing in SCZone

فريق رجال الأعمال news 22 August 2025 04:17 PM
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Japanese PM supports companies investing in SCZone

Prime Minister Moustafa Madbouly met on Friday morning with Japanese Prime Minister Shigeru Ishiba, on the sidelines of his participation on behalf of President Abdel Fattah El-Sisi in the Ninth Tokyo International Conference on African Development (TICAD 9), hosted by the Japanese city of Yokohama.

Madbouly was joined at the meeting by Minister of Planning, Economic Development and International Cooperation Rania Al-Mashat, Minister of Education and Technical Education Mohamed Abdel Latif, and Egypt’s Ambassador to Japan Mohamed Abu Bakr.

Madbouly praised the historic relations between Egypt and Japan, which span more than 70 years and were elevated to the level of a strategic partnership in April 2023. He stressed the importance of cooperation between the two sides across various fields.

He expressed his anticipation of the participation of the Japanese Prime Minister in the inauguration of the Grand Egyptian Museum on November 1.

He expressed deep appreciation for Japan’s contribution to numerous major national and developmental projects, particularly the Grand Egyptian Museum and the Egyptian-Japanese partnership in education. He noted that this cooperation has led to the establishment of the Egypt-Japan University and the launch of 69 Egyptian-Japanese schools so far, with aspirations to expand to 500 schools. He also highlighted the establishment of the Egyptian University of Science and Technology as an exceptional educational model, stressing Egypt’s hope that the university will extend its scope to include African students.

Prime Minister Moustafa Madbouly underscored Egypt’s eagerness to broaden cooperation with Japan to include advanced technology industries, artificial intelligence, and governance-related aspects. He emphasized Egypt’s aspiration to establish a Japanese industrial zone in the Suez Canal Economic Zone (SCZone), leveraging its global logistical and industrial hub advantages as well as the incentives offered, in addition to benefiting from Egypt’s trade agreements with several economic blocs and neighboring countries.

Madbouly pointed to Egypt’s desire to open new and broader areas of economic cooperation with Japan, based on shared perspectives on key issues such as climate change. He invited Japanese companies to benefit from Egypt’s green hydrogen strategy, adopted in August 2024, by investing in this promising field.

He commended trilateral cooperation between JICA, the Egyptian Agency of Partnership for Development, and African countries, as well as Japan’s role in peacebuilding and support for the Cairo International Center for Conflict Resolution, Peacekeeping and Peacebuilding. He noted that this cooperation has resulted in launching trilateral programs between Japan, the Center, and African countries, reaffirming Egypt’s hope that Japan will remain a strategic partner of the Aswan Forum for Sustainable Peace and Development to enhance regional responses to emerging peace and security challenges in Africa.

Madbouly reiterated Egypt’s firm stance rejecting the continuation of the Israeli war on Gaza and the obstruction of humanitarian aid delivery to the Strip, which has aggravated the humanitarian crisis. He also reaffirmed Egypt’s categorical rejection of the displacement of Palestinians from their land, warning that this would amount to the liquidation of the Palestinian cause.

He reviewed Egypt’s ongoing efforts, together with other mediators, to achieve a comprehensive ceasefire and to support de-escalation across the Middle East. He emphasized Egypt’s commitment to continuing these efforts to reduce tensions and spare the peoples of the region further conflict and instability.

Prime Minister Shigeru Ishiba expressed his appreciation for the longstanding relations between the two countries in all fields, highlighting cultural cooperation, especially the establishment of the Grand Egyptian Museum.

Ishiba called on Israel to abide by international law and to work toward improving the humanitarian situation in Gaza. He expressed appreciation for and support of Egypt’s efforts in securing a ceasefire and the release of hostages.

He voiced his support for Japanese companies seeking to invest in the SCZone and confirmed Japan’s interest in participating in the opening of the Grand Egyptian Museum.

He referred to ongoing cooperation in establishing new and renewable energy projects and stressed the importance of providing the necessary support for these initiatives.

Prime Minister Shigeru Ishiba expressed his aspiration to enhance joint scientific research with African countries by providing scholarships through the Egypt-Japan University, and highlighted his anticipation of Egypt’s participation in the International Horticultural Exhibition "Expo 2027 Yokohama," scheduled to be held in Yokohama in 2027.

Prime Minister Moustafa Madbouly congratulated the Japanese Prime Minister on the successful organization and follow-up of the summit’s outcomes, particularly in the field of renewable energy, and reaffirmed Egypt’s aspiration to intensify cooperation with Japan in all areas.