Our financial policies will support investment in health and education and enhance productive and export capabilities.

• We look forward to deepening development partnerships in the sectors of human development and green investment.
• We call on the Japanese business community to benefit from competitive economic opportunities in Egypt.
• Japanese schools and universities, the underground metro, comprehensive health insurance and clean energy generation projects are successful models of Egyptian-Japanese cooperation.”

 

 

Ahmed Kouchouk, Minister of Finance, confirmed that the partnership with the Japanese side is strong, extensive and diverse in various fields, and that we will work together to push the economic development movement and improve the living standards of citizens, explaining that we look forward to deepening development partnerships with the Japanese side in the sectors of human development and green investment, taking into account that our financial policies will further support, during the coming period, investment in health and education and enhancing productive and export capabilities.

 

In his first meeting with the Japanese Ambassador in Cairo, Oka Hiroshi, the Minister said that Japanese schools, universities, the underground metro, comprehensive health insurance, and clean energy generation projects, whether solar or wind energy, are successful models of Egyptian-Japanese cooperation, in addition to Egypt's first green bond issue in the Japanese market, which contributed to attracting new segments of investors interested in subscribing to bonds with an environmental dimension.

 

The Minister viewed a presentation by the Japanese Ambassador explaining the recent increase in the volume of Japanese private investments in the Egyptian economy and in a large number of fields such as the automobile and automobile components industry, in addition to the field of clean energy generation and its components, industrial supplies, food products, and home appliances.

 

He was also viewed the developments in bilateral cooperation and coordination at the governmental level, whether in terms of the imminent availability of some soft financing for the Egyptian side to support the budget or through the development and modernization of some public projects in the field of culture and education.

 

The Minister called on the Japanese business community to benefit from competitive economic opportunities in Egypt and continue investing in various economic sectors, especially in light of the state's keenness to increase the role and contribution of the private sector in economic activity, in a way that contributes to driving the wheel of industry and production and increasing exports.