800 Million Dollar investment projects with UAE

Minister of Public Enterprises and Administration Development Dr. Atef Ebied left for Abu Dhabi on Sunday at the invitation of the Abu Dhabi investment fund.

During the three day visit, Dr. Ebied will present six new projects to the fund with total investments of 800 million dollars, including the development of new communities, land reclamation and industrial and tourist projects.

Different institutions and companies will be invited to take part in these projects.

Dr. Ebied said that during his visit he will also promote investment in Egypt as part of the government's policy aiming at attracting Arab capital to new projects in all field.

He added that they will discuss the participation of investors in private sector projects in the new industrial cites.

These projects will help meet Arab needs for various products in accordance with hopes of establishment of the Arab common market.

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