President El-Sisi in his meeting with the officials to discuss mining activities in the country on Monday in Cairo (Photo: Egyptian Presidency)
Egyptian President Abdel-Fattah El-Sisi instructed the government on Monday to foster efforts to develop the mining sector in alignment with the Sustainable Development Strategy (SDS): Egypt Vision 2030, presidential spokesman Bassam Rady said.
President El-Sisi gave the instructions during his meeting with Prime Minister Mostafa Madbouly, Governor of the Central Bank of Egypt Tarek Amer, Petroleum and Mineral Resources Minister Tarek El-Molla, Supply Minister Ali El-Moselhi, Finance Minister Mohamed Maait, Presidential Adviser for Financial Affairs Mohamed Amin and Director General of the National Service Projects Organisation (NSPO) of the Armed Forces Walid Abul-Magd.
President El-Sisi ordered introducing a comprehensive system to ensure the good management and optimal exploitation of the country's natural resources, especially when it comes to contracting with foreign partners.
The meeting also covered partnerships with foreign companies which have experience in the mining sector and mineral exploration and development.