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Reading: Al-Sisi to meet German economic cooperation minister to discuss cooperation in new economic zones
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Dailynewsegypt > Blog > Business > Al-Sisi to meet German economic cooperation minister to discuss cooperation in new economic zones
Business

Al-Sisi to meet German economic cooperation minister to discuss cooperation in new economic zones

Shaimaa Al-Aees
Last updated: 2017/10/09 at 6:50 PM
By Shaimaa Al-Aees 2 Min Read
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Gerd Müller, Germany’s federal minister for economic cooperation and development, visits Egypt Monday for two days to discuss economic cooperation in the Suez Canal area and new economic zones, according to German Ambassador to Egypt Julius Georg Luy.

During his visit, Müller will meet with President Abdel Fattah Al-Sisi and Minister of Investment and International Cooperation Sahar Nasr on Tuesday.

In a press conference held Monday, Luy said that the visit will take two days starting Monday, during which several meetings will be held with a number of Egyptian government ministers.

Luy added that Müller will meet Nasr to complete discussions on the convening of the Egyptian-German Joint Economic Committee for the coming period.

The ambassador explained that the German minister will visit the Beni Suef power plant accompanied by the Egyptian Minister of Electricity. Furthermore, Müller will visit the Suez Canal axis and will meet Mohab Mamish, head of Suez Canal Authority, to discuss investment opportunities in the new Suez Canal axis.

“Moreover, the German minister will inaugurate the technical and vocational centre in Siemens in its premises in Egypt,” Luy added. “The German government is interested in investment opportunities in Egypt.”

He praised the Egyptian-German relations, noting that the year of 2017 witnessed successful visits between the two sides on the presidential and ministerial level, most notably German Chancellor Angela Merkel’s visit to Cairo in March and the visit of President Al-Sisi to Germany to attend the African Summit and his meeting with Merkel in June.

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TAGGED: Economy, Gerd Müller, Germany’s federal minister for economic cooperation and development
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