The president’s remarks came during a meeting with Suzanne Clark, president and CEO of the US Chamber of Commerce, and John J. Christmann IV, CEO of Apache Corporation and chairman of the US-Egypt Business Council, who visited Egypt to participate in the US-Egypt Policy Leaders Forum, which kicked off on Sunday.
Prime Minister Mostafa Madbouly, Minister of Industry and Transport Kamel El-Wazir, Minister of Foreign Affairs Badr Abdelatty, Minister of Planning Rania Al-Mashat, and Minister of Investment Hassan ElKhatib also attended the meeting.
According to Presidential Spokesperson Ambassador Mohamed El-Shennawy, El-Sisi expressed Egypt’s readiness to collaborate with the American business community and investors in all areas of mutual economic interest.
Egypt: Hub for American industries
President El-Sisi also affirmed Egypt’s aspirations to become a major industrial hub for American industries and a large market and gateway to both the Arab region and the African continent, given its strong ties with African nations.
According to the spokesperson, the president stressed that the Egyptian side is prepared to offer all necessary facilities for American investors.
Moreover, El-Sisi highlighted the country's political stability and Egyptians’ resilience and awareness in enduring major and tough economic reforms despite the challenging regional circumstances.
For her part, Clark affirmed that the American business delegation's visit to Egypt underscores the strength and depth of the strategic alliance between Egypt and the United States.
She said American companies operating in Egypt are achieving tangible successes and contributing significantly to the country's development process, citing Apache as a model of successful bilateral cooperation.
President El-Sisi commended these efforts, especially Apache’s achievements and expanding operations in Egypt.
Key sectors for investment
A presidential statement confirmed that El-Sisi also held a broader meeting with the visiting American business delegation.
During the meeting, the president said Egypt offers a large, well-equipped market with advanced infrastructure ready to absorb investments.
He also highlighted legislative reforms implemented to encourage foreign investment, noting that areas such as the SCZone provide full support and incentives for foreign investors.
Furthermore, the president named telecommunications and information technology, artificial intelligence, medical devices and pharmaceuticals, the automotive industry, renewable energy, construction and infrastructure, and the food industries as key investment priorities of Egypt.
He further emphasized Egypt’s focus on localizing industry and reviewed ongoing efforts under its economic reform programmes, which have led to notable improvements in macroeconomic indicators, enhanced productivity, and job creation.
Meanwhile, several members of the US delegation expressed their appreciation for the Egyptian government's commitment to supporting investment and economic development.
They also confirmed their keenness to capitalize on the Egyptian market's promising opportunities in ways that serve both countries' mutual interests.
During his Sunday address at the forum, PM Madbouly also encouraged US businesses to explore the wide range of investment opportunities available in Egypt’s productive sectors.
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