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El-Etreby highlights JBIC’s commitment to boost Japanese investment in Egypt

Businessmen Team news 12 November 2025 01:51 PM
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El-Etreby highlights JBIC’s commitment to boost Japanese investment in Egypt

Egypt’s Ambassador to Japan, Ragui El-Etreby, accompanied by representatives from the embassy’s Commercial Office, met with Nobumitsu Hayashi, Governor of the Japan Bank for International Cooperation (JBIC), one of Japan’s largest and most prominent financial institutions. The meeting was also attended by senior bank executives and heads of the infrastructure and renewable energy sectors, including Kazunori Ogawa, Chief Executive Officer of JBIC.

The meeting focused on exploring ways to expand existing investment cooperation between Egypt and JBIC, as well as the bank’s support for Japanese investments in infrastructure and renewable energy projects in Egypt.

El-Etreby emphasized the Egyptian government’s commitment to attracting more Japanese investments in line with the strategic partnership between the two countries. He highlighted Egypt’s unprecedented economic developments and ongoing structural reforms, which continue to strengthen investor confidence in the country’s economic performance.

The ambassador also outlined promising investment opportunities in new and renewable energy, infrastructure, transportation, and the Suez Canal Economic Zone, positioning it as a regional industrial and logistics hub.

Hayashi praised the close cooperation with Egypt, affirming the bank’s commitment to continue supporting development projects and financing Japanese investments in the Egyptian market, especially in light of Egypt’s positive economic developments.

He also welcomed the proposal to organize joint promotional events with the embassy in the coming period to introduce the Japanese business community to Egypt’s diverse investment opportunities, reflecting the country’s position as a leading regional hub for investment and sustainable development in Africa and the Middle East, and as a gateway to multiple regional and international markets.