Mohamed Halawa, Chairman of the Senate Industry and Trade Committee, said that external investment is important for Egypt, which is the future for the country to pay new projects and partnerships in all fields, especially since we are a promising country on the industrial, technology and service sector, and it has a huge market that focuses the world’s attention.
Mohamed Halawa, Chairman of the Senate Industry and Trade Committee, called on the Senate, during his speech at the General Senate session, headed by Counselor Abdel Wahab Abdel Razek, that the Council’s Economic Committee should prepare a set of proposals to support investment in Egypt, and to build new partnerships at the Arab and regional levels and at the level of Africa.
The Chairman of the Senate Industry and Trade Committee, during the discussion of the Economic Committee’s report on amending the investment law submitted by the government, said that the World Climate Conference in Sharm El -Sheikh, the economic conference and presidential movements in supporting investment, all led to a large batch of Egypt at the international level and pushed many economic institutions And investors to think about partnerships with the Egyptian side, especially on the private sector, and from here I expect the government more decisions and procedures to support investment.
Mohamed Halawa, Chairman of the Senate Industry and Trade Committee, expressed his approval of the proposed amendments to amend the investment law in principle, adding: I see that we need more measures to support investment, whether through a reassessment of current legislation or bypassing bureaucratic obstacles or supporting the building of partnerships with sectors Productivity in the country, especially the private sector
It is noteworthy that the Senate Industry and Trade Committee contributed to the approval of one of the most important legislation in support of the industry and investment in Egypt, which is the law of establishing the Supreme Car Industry Council and the environmental friendly auto financing fund, which is considered a major achievement for parliament in the parliament of deputies and the elders, and provides the best climate for the development and development of the auto industry, This makes Egypt a regional center for this vital industry and opens new markets to car exports and supports the rationalization of traditional energy, and the expansion of the use of electric energy, which confirms the state’s orientation towards supporting climate change policies and reducing thermal emissions.
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