Egypt’s Business Climate Has Become More Competitive Amid Incentive and Facilitation Measures for Investors

We Invite Korean Companies to Expand and Diversify Their Investments in Egypt

We Deeply Appreciate Your Tangible Efforts in Strengthening Economic Relations Between Our Two Countries

South Korean Ambassador Kim Young-Hyun:

I Will Always Cherish My Time Working in Egypt

Great Appreciation for the Finance Minister’s Initiatives Supporting Local and Foreign Business Communities

We Have Witnessed Positive Economic Developments Encouraging Greater Private-Sector Participation

 

 

Ahmed Kouchouk, Minister of Finance, affirmed that the Egyptian economy is witnessing steady improvement through a strong partnership with the private sector, noting that Egypt’s business climate has become more competitive as a result of the government’s ongoing incentive and facilitation policies for investors.

 

During his meeting with Kim Young‑Hyun, Ambassador of the Republic of Korea to Cairo, on the occasion of the end of his tenure in Egypt, the Minister said: “We highly value your tangible efforts in enhancing economic relations between our two countries.”

 

Kouchouk called on Korean companies to expand and diversify their investment activities in Egypt, and to capitalize on the promising economic opportunities that offer strong competitive advantages.

 

For his part, Ambassador Kim Young-Hyun stated: “I will always cherish my time working in Egypt, and I extend my sincere appreciation for the Finance Minister’s initiatives that support both local and foreign business communities.”

 

He added that Egypt has witnessed positive economic developments that encourage increased private-sector contributions to economic activity.