US companies keen to increase investments in Egypt

Sahar Nasr16/09/2017 (Ahram Online – Egypt): US companies are keen to increase investments in Egypt, Investment and International Cooperation Minister Sahar Nasr said. According to a ministry statement released on Thursday, Nasr met several representatives from US companies, including conglomerate General Electric, Johnson, food provider Cargill, pharmaceutical company Merck & Co, oil and gas giant ExxonMobil, and food manufacturing company Kellogg’s. Nasr also met with representatives from JPMorgan Chase and MasterCard. According to the statement, the representatives “showed a wish to increase investments to Egypt in the coming period.” “Cargill’s regional director in Egypt, Melvin Minke, said that his company’s investments in Egypt have reached $200 million, with the company planning to add an extra $150 million in investments in the future,” the statement added.  Others have praised the investment atmosphere in the country…

http://english.ahram.org.eg/NewsContent/1/64/277144/Egypt/Politics-/US-companies-keen-to-increase-investments-in-Egypt.aspx

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