Pakistan, Egypt vow to deepen investment, industrial cooperation

ISLAMABAD, Dec 1 (APP): Minister for Commerce Jam Kamal Khan on Monday held a productive meeting with Eng. Ahmed Elsewedy, President and CEO of Elsewedy Electric, one of Egypt’s leading multinational industrial groups and agreed to continue collaboration to enhance investment and industrial cooperation between Pakistan and Egypt.
Eng. Ahmed Elsewedy expressed satisfaction with the company’s current investment in Pakistan, said a news release.
The minister apprised the Elsewedy leadership of the significant growth potential in Pakistan’s mining sector, highlighting policy reforms, investor-friendly frameworks, emerging public–private partnership avenues, and the increasing interest being shown by major domestic and international players.
He also briefed them on the wide spectrum of opportunities in Pakistan’s rapidly expanding IT and technology services sector, inviting Egyptian companies to explore partnerships, innovation-led ventures, and digital trade cooperation.
The Egyptian counterparts welcomed the latest economic developments in Pakistan and expressed keen interest in deepening bilateral commercial engagement.