The Minister of Housing Invited Foreign Companies to Invest in Egyptian New Cites during Batimat Paris
The Egyptian Minister of Housing, Dr. Mustafa Madbouli, visited
Batimat Paris exhibition. The minister has inspected many of the
stands and expressed his interest in transferring the latest technology in the world of construction to the new projects being established by the Egyptian Government.
Mr. Madbouli called on companies of different nationalities to
participate and invest in building the new cities in Egypt. The investment opportunities are primarily located in the first phase of the New Administrative Capital and in the new city of El-Alamein on the Mediterranean coast with a total cost over US 45 Billion.
On his part, Mr. Guillaume expressed his happiness with the visit and the remarks of the Minister, which proved Reed France's a vision of choosing Egypt as the hub for the African session of Batimat exhibition and how it will be the gateway for companies to enter a market full of opportunities.
In addition, Mr. Ahmed Megahed, the Egyptian organizer of the exhibition, said that Batimat Egypt is an excellent opportunity for Foreign Companies to return and invest in the booming market of Egypt and to encourage this, Batimat Egypt is offering very competitive prices for the International participants