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Sunday, 20 October 2019

Japan keen to further cooperation with Egypt on national mega-projects: Ambassador

MENA , Monday 11 Mar 2019
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Japanese ambassador in Cairo Masaaki Nuki stressed on Monday that many Japanese companies are looking forward to investing more in the Egyptian market.

Masaaki made the remarks during a speech before the Egyptian-Japanese Business Forum, which kicked off on Sunday with the participation of 50 Japanese companies and a large number of Egyptian companies.

The ambassador invited Egyptian President Abdel-Fattah El-Sisi to the G20 Osaka Summit expected to take place on 28-29 June in Osaka, Japan.

He also invited the president to participate in the 7th Tokyo International Conference on African Development (TICAD 7) scheduled for 28-30 August in Yokohama, Japan.

In light of Egypt's current chairmanship of the African Union, Japan is trying to capitalise off its good ties with Egypt to expand Japanese investments in Africa, the ambassador said.

Masaaki noted that the Grand Egyptian Museum project, undertaken by Egypt's government in cooperation with the Japanese International Cooperation Agency (JICA), is one of the most significant areas of cooperation between the two countries.

The ambassador also voiced his country's commitment to furthering mutual cooperation in similar national projects in the period ahead.

For his part, Chairman of the Egyptian-Japanese Business Council Ibrahim El-Araby lauded the visit paid by President Sisi to Japan in 2016, adding that it has remarkably helped bolster bilateral cooperation.

He called upon the Japanese government and entrepreneurs to play an active role in the economic development Egypt has been witnessing, emphasising the council's willingness to remove any challenges investors might face in targeted projects.

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