Establishing Egyptian - Korean business council

A business delegation representing South Korea will visit Cairo to discuss establishing joint industrial and investment projects with Egyptian businessmen as well as benefiting from the Korean experience in advanced technology.

An Egyptian - Korean business council will be also established during the visit to support these projects, including establishing joint investment companies for export in the framework of the Egyptian plan to attract direct investment to Egypt and increase commercial exchange between Cairo and Seoul.

A source in the Egyptian Ministry of Trade told ArabicNews.com today that several projects will be raised with this delegation like "technology valley" in Ismailia and projects for clean energy and modern electronics in the new industrial cities.