December 23, 2018
Admiral Mohab Mameesh, chairman of the Suez Canal Authority and Suez Canal economic zone stated that the state will develop Arish Port to become a global port and a platform for import and export to encourage investments in Sinai.
During his participation in the Fifth Economic News Conference, investment session in Sinai held on Sunday 23rd December, he added that security is the main promoter of investment. He pointed out that the state managed to control the insecurities that happened after 2010.
The chairman of the Suez Canal Authority clarified that Suez Canals economic zone is the heart of the world and is distinguished by flexible laws and fast decision making.
The Fifth Economic News Conference was held yesterday in the presence of Prime Minister Mostafa Madbouly, a number of ministers and journalist Yasser Rezk chairman of Akhbar El-Yom Foundation.
The conference agenda included 6 general sessions and sub-sessions that discussed the conditions of investments, industry, export problems and urban development with the participation of a large number of ministers, particularly the economic group, in addition to more than 1500 businessmen, manufacturers, MPs, members of the civil society, investors in various fields, as well as academics and economic professionals.