Cairo chamber is planning ambitiously to activate trade exchange with Uzbekistan

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Tuesday - 27 February 2018 - 10:42 AM

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Ahmed Al-Zeiny, the member of the Board of Directors of Cairo Chamber, said that the coming period will be a great coordination with the Uzbek businessmen to establish joint investments in many fields.

 

 

This came after the visit of Uzbekistan delegation to the Cairo Chamber with representatives of government and businessmen to increase trade and investment relations between the two countries.

 

 

 

Al-Zeiny pointed out that the new Egyptian investment law gave investors considerable facilities and incentives to expand investments or set up new investments in the Egyptian market under the directives of President Abdel Fattah el-Sisi.

 

 

He assured that the Cairo Chamber will provide all the data and information needed by the Uzbek side of businessmen to enter the Egyptian market and invest in it and linking with governmental or non-governmental entities in order to run facilities for all investors.

 

 

 

 Ambassador Osmanov Aipek, Ambassador of the Republic of Uzbekistan to Egypt, said that the visit of the Uzbek businessmen to Egypt is the first visit during the last five years, pointing out that the delegation looks forward to enhancing cooperation opportunities in many fields through partnerships with Egyptian businessmen aiming at joint industrialization and exportation to African markets.

 

 

 

On his part, Hamdy Abul-Enein, chairman of Uzbek Chamber of Industry and Commerce in Egypt, confirmed that the delegation is seeking partnerships for joint industrialization in Egypt with a view to exporting to the African markets and organizing a series of visits to specialized delegations in various sectors to Egypt in the coming period and The state will provide land needed for various projects.