A delegation consisting of 15 Egyptian companies will travel to Zambia and South Africa next Wednesday to discuss aspects of economic cooperation. The visit will continue from March 13 to 21, said Sharif al-Gabali, chairman of the African Cooperation Committee of the Federation of Egyptian Industries.
At a press conference on Sunday, the mountain said that the delegations visits to the two countries ambassadors were expected to be organized in six to eight African countries during 2019, stressing that the importance of Zambia and South Africa for Egypt is not only to provide markets Export of Egyptian goods, but also on the investment side, following the success of the visits of Rwanda, Tanzania, Rwanda and Uganda last year.
In a press statement on the sidelines of the meeting, the Mountain pointed out that the establishment of fertilizer plant in Tanzania in accordance with the memorandum of understanding signed during the visit last November did not start to take place as the feasibility study is conducted on the subject, Establishes a time frame for implementation.
As for the current delegations visit to South Africa and Zambia, Al-Gabali explained that the participating companies are engaged in a number of industrial sectors, including food, mineral, building materials, telecommunications, information technology, chemical, printing and packaging.
"There is no longer any difficulty in transport and logistics in the East Africa region to which we are heading, with Dar es Salaam in Tanzania and Mombasa in Kenya, but there is difficulty in West Africa," he said, pointing out that our priorities are now in the east.
"We need more of these missions, visits and participation in exhibitions in the countries of the continent, then establishing companies there so that we can succeed in working on the continent." The company, which Egyptian investors intend to set up in Tanzania to facilitate the export of goods, .