Egypt: PM - Urgent Solutions to Investors' Problems

Photo: Victoria Hazou/IRIN
A young girl sells lemons in the streets of Cairo (file photo).

Prime Minister Eng. Ibrahim Mahlab emphasized the government's keenness on solving problems and removing obstacles facing the Arab and foreign investments in Egypt. He added that the Arab and foreign investments grease the wheel of economy in Egypt.

The Prime Minister's statements came during a meeting on Thursday 26/06/2014 to follow up his latest directions on combating smuggling and controlling ports in Port Said, north east of Egypt.

The meeting reviewed the outcomes of the work of three taskforces, formed upon Mahlab's directions, to follow up systems of security, services, and development in the Suez Canal city.

The meeting affirmed the importance of supporting the comprehensive development of Port Said, and allocating necessary funds for the purpose, highlighting that the governorate enjoyed various advantages in the tourism, industry, trade, and services domains.

The meeting also stressed the significance of creating more job opportunities for youth in the city, providing training centers for them, in addition to devising a serious plan to develop the slum areas.

The meeting was attended by the ministers of finance, transport, civilization's development and slum areas and investment, along with the governor of Port Said and representatives from the ministries of interior and industry.

Ads by Google

Copyright © 2014 Egypt State Information Service. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.

InFocus

Egypt Asks for Donations to Help Economy

A young girl sells lemons in the streets of Cairo (file photo).

The government has set up a special fund called "Long live Egypt" and is urging Egyptians to contribute to it in order support the country's ailing economy. Read more »