Minister of Business Khaled Hashem mentioned Egypt and Switzerland percentage robust ties and an extended historical past of cooperation, including that each international locations are well-positioned to succeed in actual commercial integration within the coming length.
Hashem mentioned that the ministry objectives to raise those members of the family to the extent of an commercial partnership.
The Minister made the remarks all through a gathering with Swiss Ambassador in Cairo Andreas Baum to talk about tactics of improving bilateral cooperation within the presence of contributors of the Swiss Chamber of Trade in Egypt, chaired through Kamal Abdel Malek.
The Minister mentioned spaces of commercial cooperation come with prescribed drugs, meals industries, renewable power for factories, and the producing of equipment and manufacturing strains to fulfill native marketplace wishes, in particular amid the growth of latest commercial initiatives.
He highlighted important alternatives for Swiss corporations to localize their industries in Egypt and switch experience, stressing the ministry’s technique to concentrate on era switch and capacity-building for commercial staff.
For his phase, the Swiss ambassador reaffirmed his nation’s dedication to strengthening cooperation with Egypt as one in every of its key companions within the area, noting the expansion in bilateral business and Egypt’s business surplus final 12 months.
He additionally referred to ongoing cooperation with the Ministry of Business and the United Countries Business Construction Group (UNIDO) at the Inexperienced Business Zones Programme in Egypt (GEIPP-Egypt) to give a boost to sustainable commercial building.
He added that Switzerland is raring to discover funding alternatives within the Egyptian marketplace and enlarge the presence of Swiss corporations within the coming length.
Swiss Chamber of Trade President Kamal Abdel Malek highlighted the chamber’s function in strengthening financial members of the family via occasions and partnerships between the private and non-private sectors.
He offered a file titled “Swiss Business Impact in Egypt 2025,” noting that Switzerland is one of the most sensible 10 buyers in Egypt, with business quantity achieving $2.3 billion in 2025, overseas direct funding totaling about $600 million in 2023–2024, and greater than 500 Swiss corporations running in Egypt, offering round 25,000 direct activity alternatives.
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