Egyptian President Abdel-Fattah El-Sisi urged Serbian businessmen on Wednesday to participate in Egypt’s national projects, especially those related to the country’s ports, stressing their promising investment opportunities.
El-Sisi made his remarks during his participation in the Egyptian-Serbian Businessmen Forum along with his Serbian counterpart Aleksandar Vučić in the capital, Belgrade.
The president also stressed Egypt’s keenness to foster closer economic and trade cooperation with Serbian businessmen and companies to boost joint investments and contribute to supporting the development process in Egypt, Presidential Spokesperson Bassam Rady said in a statement.
El-Sisi affirmed that this can be achieved within the framework of joint action to maximize mutual benefits and leverage existing opportunities in light of the numerous fields and promising investment opportunities in Egypt.
“These include in particular the sectors of tourism, pharmaceutical industries, communications, IT, infrastructure, real estate, administrative housing, and also agricultural products,” he added.
Furthermore, El-Sisi said Egypt achieved a significant leap in its developmental sectors, adding that over the past seven years, the country’s infrastructure witnessed great development, citing the implementation of about 6,000 projects at a value of EGP 8 trillion.
He also referred to modern roads and railway projects across the country, noting that Egypt is establishing within the next two to three years a 2,000-kilometre high-speed rail system.
El-Sisi is paying his first visit to the Republic of Serbia and the first by an Egyptian president since 1987.