Samsung, Egypt Discuss Major Expansion and Exports ...Egypt

Minister of Investment and Foreign Trade Hassan El Khatib met on Saturday 29 March with Samsung Egypt CEO Wonkyong Kim to discuss the company’s ongoing projects and future plans to expand its operations in the Egyptian market. The meeting, attended by senior officials from both the Ministry of Investment and Samsung, highlighted the growing partnership between the Egyptian government and the global electronics giant. Khatib praised Samsung’s continued progress in Egypt, emphasizing the company’s vital role in supporting the local electronics sector. Khatib reiterated the government’s dedication to creating a supportive and competitive business environment by providing incentives and streamlined services for investors aiming to grow their presence in the Egyptian market. He also noted that Egypt aspires to position itself as a regional center for technology industries, leveraging its strategic location and broad network of free trade agreements that open doors to a wide range of global markets. He underscored the importance of public-private cooperation in advancing sustainable development, noting Samsung’s contribution to job creation and local manufacturing. Wonkyong, in turn, praised the Egyptian government’s backing of Samsung’s investment and growth efforts in the country. He stated that the…

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Samsung, Egypt Discuss Major Expansion and Exports first appeared on Egyptian Streets.

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