El Molla reviews projects submitted to the Golden Triangle Authority

Minister of Petroleum and Mineral Resources Tarek El Molla held a meeting with the Board of Directors of the General Authority for the Economic Zone of the Golden Triangle headed by Adel Saeed, Chairman of the Authority, the ministry said in a statement.

The meeting witnessed a review and discussion of offers and investment projects submitted to the Authority in the Golden Triangle area.

The meeting was attended by Ashraf Al-Dawdy, Governor of Qena, Amr Hanafi, Governor of the Red Sea, members of the Board of Directors, Alaa Khashab, Deputy Minister for Mineral Resources, and accountant Hisham Noureddine, Chairman of the Central Administration for Minister’s Office Affairs.

During the meeting, El Molla highlighted the importance of working to encourage new investments in the Golden Triangle project, in implementation of the mandates of the political leadership and the government to stimulate and encourage investment, in a manner that prepares the environment for the rapid development of the region, the flow of investments to it, and the completion of projects of great economic benefit to achieve the goals of the Egyptian state from this national development project. This should reflect the great modernization of investment laws in Egypt and keep pace with global economic changes.