Egyptian investment minister mulls attracting more investments to Egypt

Investment Minister Ashraf Salman reviewed on Monday a number of suggestions to increase the influx of foreign capital to Egypt and attract more investments.

The minister, during a meeting with the Egyptian Capital Market Association and representatives of the Chamber of Commerce, said the government has taken many measures to mitigate the negative impact of the current world economic crisis, including providing investment, industrial and agricultural areas by soft terms.

The participants presented a number of ideas to increase investments in the Egyptian market.

They underlined the importance of developing tourism sector to provide direct and indirect jobs