Egypt: Investment Minister - Gov't Plans to Achieve 4 Percent Growth Rate

Investment Minister Osama Saleh asserted that the government's plan to reactivate the economy includes encouraging domestic, Arab and foreign investment and re-boosting production in various sectors. Also, it aims at accelerating the re-operation of factories to achieve a growth rate ranges between 3.5% to 4% for the current fiscal year 2012/2013.

Many investment opportunities are available in the Egyptian market in various sectors of development and productivity, particularly infrastructure, energy, agriculture, trade, industry, education, health and so we can attract new investments, Saleh said.

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