British PM's envoy meets EBA

The Prime Minister David Cameron's Trade Envoy to Egypt Jeffrey Donaldson underlined that the Egyptian market has promising investment opportunities despite the challenges that faced the country over the past years.

This encourages British businessmen and investors to pump more investments in Egypt, he noted.

These remarks came during a meeting held by Donaldson in the headquarters of the Egyptian Businessmen's Association (EBA).

The get-together was attended by British Ambassador to Egypt John Casson, Chairman of the Egyptian British Business Council Ian Gray and a host of Egyptian as well as British businessmen.

Donaldson underscored that the meeting represents a positive message that shows that conditions are stable in Egypt and reflects the confidence of investors in the Egyptian economy.

The British trade delegation came to Egypt to probe cooperation between the two countries in various fields, topped by manufacturing an Egyptian car with the help of British expertise, the official reiterated.

He further said that there will be joint cooperation in the domains of fabricating medical products, technical education, new and renewable energy, banks and funding, construction, urban development, planning for tourist, industrial and commercial investments, information technology and aviation.

For his part, the British ambassador said that the Egyptian economy witnessed a notable improvement during the last phase, the matter which encourages British businessmen to pump more investments in the Egyptian market, especially in the fields of education, infrastructure, energy as well as renewable energy.

Source: MENA