New investment project discussed with Egyptian businessmen in Minsk

3 июня 2021

Egypt is interested in investing in Belarus. It projects in pharmaceuticals, energy, in particular, cable products and the production of solar panels. Representatives of Belarusian companies and the Ministries of Industry, Energy and MART, which oversees cooperation with official Cairo from Belarus, spoke about this in detail today with businessmen from Africa. So far, the amount of investment has not been specified, but the Egyptians are confident that the new project may appear by the end of next year. The Egyptian company is engaged in the production of power cables and transformers. It is one of the best in the Middle East and Africa for new energy solutions. There are already joint ventures in Germany, Morocco, Slovenia and the United Arab Emirates. 

Egyptian businessmen came to our country for the Belarusian-African Economic Forum. During bilateral negotiations, business people look for points of interest in the long term. Moreover, after last year, trade began to recover, sales of tractors to Egypt doubled. And today, special attention is paid to long-term investments.