Egypt’s economy could easily grow at an annual 8% clip in the coming period, Abdel Moneim Said writes for Al Masry Al Youm, but it requires effort as well as learning from other countries’ successful experiences. Said points to how other countries such as Latvia and China have harnessed their competitive advantages, whether in labor or capital, to propel their economies and encourage local and foreign direct investments in various sectors. On a smaller level, Said adds that governorates themselves should attract also local investments by developing infrastructure.
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