Mohamed Saada, Secretary General of the Federation of Egyptian Chambers of Commerce and President of the Port Said Chamber of Commerce, stated that the Chinese delegation will hold an expanded meeting at the Federation's headquarters to discuss the promising investment opportunities currently available in Egypt. He emphasized that the Egyptian market has become an attractive market for foreign investment, especially in light of the incentives provided by the state, the development of infrastructure, and the diversity of productive sectors.
Saada explained that this visit represents a real opportunity to increase the volume of trade exchange between Egypt and China and attract new investments, particularly in the textile industries sector, which is witnessing increasing interest from investors due to the significant export opportunities and availability of trained labor.
He emphasized that Chinese investors can benefit from Egypt's competitive advantages, most notably the regional and international trade agreements the country has signed with numerous Arab, African, and international countries. This makes Egypt a strategic gateway for exporting products to African and Middle Eastern markets.
He pointed out that the Asian sector currently faces some challenges related to shipping traffic, specifications, and long distances, making the Egyptian market an ideal choice for localizing industry and reducing supply and export costs. It also offers the possibility of establishing regional distribution centers for Chinese exports through Egypt.