Australia plans to invest in agriculture, energy in Egypt

The Egyptian Businessmen Association held a round table with Ambassador Axel Oppenhorst, the new Australian ambassador to Cairo, and members of the Egyptian side of the Joint Business Council, with the aim of discussing ways to enhance trade exchange and opportunities to increase Australian investments in Egypt.

Ambassador Oppenhorst stressed that Egypt is one of the most competitive and attractive markets for foreign investments, especially in the fields of new and renewable energy, and in tourism in light of the liberalization of the exchange rate.