Investment Ministry working on problems of insolvent factories
Investment Minister Sahar Nasr
Cairo - Mena
Investment Minister Sahar Nasr said Monday her Ministry is acting to solve problems of insolvent factories and create an investment-friendly climate.
Speaking to reporters during her visit to the Mediterranean city of Alexandria, Nasr said she is focusing on labor-intensive investments that help reduce unemployment rates.
Foreign companies should train Egyptian workers in new projects, the minister said, noting that transport and petroleum are among the most promising sectors in Egypt. Source: Mena
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