The second annual conference “Energy and the future of investment in Egypt” is witnessing a great turnout of local, Arab and international companies registering to attend the conference.
A number of ministers of the Economic Group of the cabinet will be participating in the second annual energy conference, organised by the Business News Foundation, and held at the Intercontinental – City Stars Hotel on 25 May.
The conference, held under the patronage of the Ministers of Electricity, Petroleum, Investment, Military Production, and Environment, will review the effects of the energy crisis on the production sectors, and how have the high-consumption industries been influenced by it.
The conference will deal with the challenges facing the government in providing energy and its future plans, how to turn energy crisis into investment opportunities, the obstacles that the qualified private companies are facing to implement new and renewable energy projects, allocating lands, and the role of financing institutions in encouraging investment in energy sectors.
The conference also follows up with implementing the government’s strategy after the steps taken to repay the foreign partners and to enhance new energy, present projects to the private sector, and the rules of importing coal to cement factories and selling it.
The first annual energy conference was held in February 2014, and discussed the future and investment opportunities of new energy. Business News had also pointed out to the importance of issuing a feed-in tariff and investment regulations in this sector, to which the government responded by issuing a purchase tariff for new energy from the private sector, as well as regulations for establishing companies and allocating lands.