The meeting focused on strengthening cooperation in line
with Egypt’s priorities to attract investment and promote sustainable economic
growth.
El-Khatib presented the ministry’s vision to improve the
investment climate and business environment through legislative, regulatory,
and procedural reforms. This plan is part of the government’s strategy to place
Egypt among the world’s top 50 countries in investment and trade
competitiveness within two years.
He added that coordination is underway with ministries and
relevant authorities to identify a list of priority projects ready in terms of
licensing and infrastructure. These projects form part of a ten-year national
plan designed to maximize investment returns and direct them toward the most
competitive sectors.
The minister also highlighted the work of the National
Committee preparing Egypt’s participation in the WBG’s Business Ready report.
The committee developed a reform matrix of 209 measures, covering legislation,
digital services, data transparency, and operational efficiency. He stressed
that these measures will soon translate into executive and legislative
decisions to enhance the business climate and strengthen investment appeal.
El-Khatib also outlined steps taken to facilitate trade and
improve customs clearance, stressing the role of digital transformation in
streamlining investment and trade processes and boosting border efficiency.
He noted that priority sectors include industry, tourism,
healthcare, and information and communications technology (ICT). He emphasized
ICT as a key driver of quality job creation, while healthcare remains a global
WB priority with plans to expand access to health services by 2030.
WB representatives praised Egypt’s reform efforts and
commitment to fostering private sector partnerships. They affirmed readiness to
expand cooperation, provide technical and financial support, and launch joint
initiatives aligned with Egypt’s development agenda.
The meeting concluded with an agreement on clear
implementation mechanisms and timelines to activate joint projects, in line
with Egypt’s target of achieving sustainable economic growth over the next
decade.