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Egypt invites Chinese investment

Wednesday, 27 August 2008


CAIRO, Aug. 26 (Xinhua): Egypt's North Sinai Governor Mohamed Shousha said here yesterday that he welcomes investments from China, particularly in the domains of high technology, tourism, mining and water resources.

In an interview with Xinhua, Shousha said there is a great potential for Egypt and China to boost investment in various fields in the northeastern Egyptian governorate. He said North Sinai governorate is working on realizing development in the fields of agriculture, industry, mining, tourism and human resources.

He expressed his hope that his governorate, even Egypt as a whole, can attract more investments from China to make use of China's advanced high technology, which has witnessed great developments in the past years.