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Egypt invites Japanese firms to invest in renewables, EVs, and infrastructure
via Egypt Today2 min read
Egypt's Foreign Minister Badr Abdelatty has invited Japanese businesses to explore investment opportunities in renewable energy, infrastructure, water desalination, electric vehicle manufacturing, and other clean-energy-related industries. During a meeting with the Egypt-Japan Business Council in Tokyo, Abdelatty emphasized Egypt's strategy to localize industry and increase reliance on renewable energy. He highlighted promising sectors for Japanese investors and stressed the need to boost Japanese investment to reflect the strategic relationship between the two countries. The minister also mentioned financing and support tools from Japanese financial institutions to encourage investments. Abdelatty reviewed government measures to improve the investment climate and support Japanese investors, including a dedicated follow-up mechanism at the General Authority for Investment and Free Zones. He expressed Egypt's interest in establishing a Japanese industrial zone in the Suez Canal Economic Zone and called for an Egyptian-Japanese investment forum in Cairo to strengthen economic partnerships.
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