Algeria
Egypt
Israel
Jordan
Lebanon
Libya
Morocco
Palestine *
Syria *
TunisiaEU launches its new External Investment Plan in Cairo
Following the adoption of its ambitious External Investment Plan (EIP), the EU will mobilise a contribution of €4.1 billion that will leverage up to €44 billion of investments from public and private sector from 2017 to 2020.
The event in Cairo is the first of a series of outreach events for private and public sectors across the region. It aimed at bringing together the national authorities, business communities, private sector, partner International Financial Institutions (IFIs) and other stakeholders to discuss the investment opportunities in various sectors and to provide an opportunity to network with key private and public sector stakeholders.
Experts and participants discussed the challenges and potential in some of the specific sectors to be covered initially within the EIP. These are: sustainable energy and connectivity, MSMEs, agriculture, sustainable cities and digitalisation.
Ambassador Ivan Surkoš, Head of the EU Delegation to Egypt said about the EIP: “This initiative is another sign of the strong commitment from the EU to encourage and help boosting economic growth through private and public investment in our partner countries, in Africa and in the Neighbourhood region. Our partnership approach is geared at promoting entrepreneurship, trade and new investment opportunities. This is in view to address obstacles to growth, to promote inclusive growth and job creation, and to deepen economic integration.“
Read More
Countries covered:
-
Egypt
