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Al-Mashat: Japanese institutions promote Japan's economy in Egypt

Businessmen Team news 21 November 2025 04:15 PM
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Al-Mashat: Japanese institutions promote Japan's economy in Egypt

The Egyptian Embassy in Tokyo, Japan, in cooperation with the Commercial Office, organized a promotional economic conference titled "The New Narrative for Economic Development: Opening Opportunities for Egyptian–Japanese Partnership."

Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, participated virtually. The event saw broad attendance from prominent members of the Japanese business community, including companies interested in or already present in Egypt, as well as leaders from key government economic institutions like JICA and the Japan Bank for International Cooperation (JBIC).

Minister Al-Mashat provided a comprehensive overview of Egypt's national narrative for economic development, highlighting significant economic progress and improved macroeconomic indicators that demonstrate the economy's resilience.

She stressed the importance of the existing development partnership with Japan and called on Japanese companies to expand their investments in promising sectors: infrastructure, new and renewable energy, and export industries.

Ambassador Ragy El-Etreby emphasized that the Japanese business community should capitalize on investment opportunities and incentives in Egypt, including the proposal to establish a Japanese industrial zone in the Suez Canal Economic Zone to serve as a platform for Japanese industries reaching regional and international markets.

The conference featured an interactive discussion between the Minister and participants, which highlighted the growing interest of the Japanese business community and financing institutions in priority areas like infrastructure and renewable energy. This interest directly supports Egypt's goal of raising productivity and increasing exports.