Minister El-Khatib emphasized that Egypt is executing political and structural reforms to enhance the country's competitiveness, advance digitization, and establish clear strategies to leverage its unique geographical location. He noted that Egypt possesses a distinct history, culture, and geography that can be utilized to drive economic development.
El-Khatib outlined Egypt's most promising sectors and areas
for economic growth, stressing the need for a comprehensive strategy to develop
them and link them to the state's vision for sustainable economic transformation.
These sectors include tourism, healthcare, and energy in addition to
information and communications technology (ICT).
The Minister also highlighted emerging industrial
opportunities, such as: solar panel production, wind energy, water desalination,
and electric vehicles (EVs).
He affirmed that these sectors present significant
investment opportunities, thanks to Egypt's abundant natural resources and
strategic location, and are crucial for identifying competitive sectors for
long-term economic growth.
For his part, Qahir Dhanani expressed BCG's interest in studying investment opportunities in Egypt. He affirmed the firm's commitment to providing the necessary consultative expertise to support Egypt's strategy in developing various economic sectors and enhancing the country's attractiveness to foreign investments.