The meeting focused on leveraging the structural reforms and promising opportunities within the Egyptian economy, particularly in key priority sectors.
Sumitomo officials reviewed the company's global activities
and its corporate philosophy, which is built on trust and long-term
partnership. They also discussed the company's existing projects in Egypt,
notably the Amoun 500-megawatt wind farm in the Gulf of Suez, and its role in
helping Egypt meet its targets for renewable energy and energy security.
Discussions also explored opportunities for Sumitomo's
expansion into new renewable energy projects and cooperation in emerging
fields, including green fuel bunkering (ship fueling), automotive industry, and
enhancing access for Egyptian agricultural and food products to the Japanese
market.
Both sides agreed to continue coordination and information exchange to propel cooperation and investment with Sumitomo Corporation into broader horizons.