Prime Minister Ibrahim Mahlab said that the government supports reputable private sector and encourages investment and that it has a clear viewpoint concerning its economic approach.
During his meeting with tourism investors in South Sinai on Saturday, Mahlab asserted the importance of creating a balance between promoting investment in Sinai and preserving national security in the peninsula.
He added that the government started an economic reform that received respect from the whole world and that the government is working on reaching a legislative reform as well as solving investors’ problems.
He called on investors to submit a memo during the coming days about their proposals to be presented to the upcoming Cabinet meeting.