Egypt-France Business Council, Tarek Kabil focus on attracting French investments in Egypt’s auto industry

Trade and Industry Minister Tarek Kabil’s first day in Paris focused largely on attracting French investments in Egypt’s auto industry. Kabil, who was in the French capital with a delegation from the Egypt-France Business Council to promote investment opportunities in Egypt, discussed with his French counterpart Christophe Sirugue opportunities for Egypt to benefit from France’s expertise in the industry, Al Shorouk reports. Kabil also invited Sirugue to attend the Batimat Egypt Trade Show set to take place next month, according to Ahram Gate, and presented Egypt’s economic and legislative reforms during a meeting with the Council, the newspaper reports. Council chairman Fouad Younes also discussed attracting French projects in the auto manufacturing and renewable energy sectors, as well as the establishment of a French industrial zone in Borg El Arab and the Suez Canal Economic Zone.