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‘Now is the right time to invest in Egypt': French ambassador

Ambassador Stéphane Romatet made his statements during a virtual panel with Egypt's minister of planning and representatives of 70 French companies.
18.10.20 | Source: Ahram Online

French Ambassador to Egypt Stéphane Romatet told a panel on Friday that now is the right time to invest in Egypt and discuss all the opportunities available in the country, adding that it is currently witnessing rapid change and high growth despite the challenges resulting from COVID-19.


Romatet made his statements during a virtual panel held on Friday with Egypt’s Planning Minister Hala El-Said and representatives of 70 French companies to discuss expectations and opportunities in the Egyptian economy in the post-COVID-19 era.


Also participating were the head of the General Authority for the Suez Canal Economic Zone, Yahya Zaki, and the CEO of Egypt’s Sovereign Wealth Fund, Ayman Soliman.


The French ambassador praised the relations between the two countries, saying they are at the highest positive levels, and adding that more than 160 French companies currently operate in Egypt.

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