14 January 2013

Egypt: Industry Minister Underlines Importance of Boosting Economic Ties With Turkey

Egypt's Industry and Foreign Trade Minister Hatem Saleh on Sunday13/1/2012 underlined the necessity of boosting economic relations between Egypt and Turkey.

Speaking to an Egyptian-Turkish forum on steel industry, Saleh asserted the importance of expanding horizons of cooperation through supporting joint ventures in the two countries, especially in the field of iron and Steel.

"Egypt in the near future will witness an economic boom which needs more investments and building as well as stronger relations between the two countries," Saleh added.

Saleh also underscored his ministry's keenness on supporting any initiative that deepens cooperation between Egyptian and Turkish companies.

He called on Turkish steel companies to take part in a number of Egyptian government projects, including one that aims develop the Northeastern coast area through establishing a harbor and tourist and industrial zones in Marsa Matrouh.

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