ISLAMABAD – Egypt, the leading African Islamic country to make hugeinvestment worth Rs 150 billion in Pakistan.
Egypt keen to invest $1bn in Pakistan over the next one year in differentsectors mainly in energy, building, Pharmaceutical, Halal Food and Tourism.The bilateral trade has an increasing trend, $260 million as compared tolast year $200 million.
Both countries are enjoying good relations and there is need to furtherincrease the bilateral exchange of delegation program and information.
These remarks were made by Egypt Ambassador Agmed Fadel Yacob during hisvisit to the Rawalpindi Chamber of Commerce and Industry (RCCI) here onWednesday. He was accompanied by 16 member trade delegation headed by AhmedAnter, Frist Undersecretary, and Head of Egyptian commercial service.
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The envoy informed that Egypt will be declared Hepatitis free country by2020 and urged Pakistan for joint ventures in Pharmaceutical and healthsector. Egypt can help Pakistan to get rid of Hepatitis C.
There is a need to have enhanced Pak-Egypt cooperation in the area ofhealthcare, he added.
