ElAraby: The Egyptian climate is suitable for receiving investors and great opportunities for large projects.

The Cairo Chamber of Commerce, headed by Eng. Ibrahim El-Araby, received a delegation from Tong wan City in China which headed by Zhang Guazi. The delegation included more than 22 companies specialized in various fields including technology, mobile and electronic industries.

Eng. Ibrahim El-Araby stressed that the economic climate in Egypt has improved greatly in the recent period and there are investment opportunities available in the Egyptian market in many fields. The Chinese side could cooperate with us in an investment partnership that benefit both countries.

He pointed out that the Cairo Chamber will provide all the data needed by the Chinese side, which will be able to know the investment opportunities and the needs of the market.

For his part, the head of the Chinese delegation said that the region is one of the most important industrial and investment areas in China and many industries developed especially in the field of electronic industry, mobile phones, clothing, foodstuffs, medical devices and medicines. His city possesses more than 22 industrial fields out of more than 32 industrial fields in China Along with 69,000 products, referring to the Chinese delegation with senior businessmen and a dedicated team to study the market.

The head of the delegation said that the aim of the visit was to discuss opportunities for cooperation between the two countries, especially that the economic climate has improved a lot in Egypt and encourages investment, pointing out that the visit of the Chinese delegation to El Araby Group gave them a good impression on the Egyptian economic climate and made them look positively on the Egyptian market and wishing for investing in Egypt in the next stage.

The head of the Chinese delegation called on the Egyptian side of the Cairo Chamber to visit his city to discuss ways of cooperation in the coming period.