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General Organization for Egyptian Investment chairman meets with US business delegation
Egypt-USA, Economics, 8/27/1998

Ibrahim Fawzi, the chairman of the Egyptian General Organization for Investment and Free Zones, met with a delegation of US businessmen, accompanying a congressional delegation visiting Egypt under the chairmanship of Senator Joseph Biden, a member of the Senate's foreign relations committee.

After the meeting yesterday, Fawzi announced that US businessmen who are working in agriculture and food manufacturing expressed their desire to invest in Egypt, especially in the areas of the major investment projects in Toshka, east Port Said, west Suez Gulf and east El-Owainat.

He added that he tackled with them the distinguished climate for investment in Egypt.

Previous Stories:
  Egypt - U.S. discuss subsidy program, Strategic Dialogue established   (7/16/1998)
  Draft agreement for cooperation between Egypt and US   (7/10/1998)
  48% increase in Egyptian free zones' exports to US markets   (7/9/1998)

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