Pakistan-Egypt ties: Envoy highlights construction, tourism as potential areas

He said the CPEC will have positive implications for Egypt as it would lead to easy movement in Suez Canal as well

ISLAMABAD:

Ambassador of Egypt to Pakistan Sherif Mohamed Kamaleldin Shaheen said that companies considered Pakistan’s construction sector a promising area for investment and they were looking for partners for investment and joint ventures.

He said the China-Pakistan Economic Corridor (CPEC) will have positive implications for Egypt as it would lead to easy movement in Suez Canal as well.

The envoy added that tourism sector was another potential area of cooperation and Egypt could help Pakistan develop it further. He expressed these views during an interaction with the business community at Islamabad Chamber of Commerce andIndustry (ICCI) here.

“Pakistan and Egypt enjoyed excellent political and military relations which should be transformed into growing trade and economic relations,” said Shaheen. “Pakistan could also get better market access to African countries by developing stronger relations with Egypt.”

Published in The Express Tribune, February 12^th, 2016.

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