Egypt Strengthens Investment Cooperation in Green Economy
Minister of Investment and Foreign Trade Hassan el Khatib emphasized Egypt's commitment to supporting serious investments in the green economy during a meeting with a delegation from Antipollution Egypt, a joint venture between the Suez Canal Authority and V Group. The meeting aimed to strengthen investment cooperation and expand the company's activities in Egypt, aligning with the state's transition to a green economy and its goal of ensuring environmental sustainability. Key players present at the meeting included Chairman of V Group of Companies Vyron Vasileiadis, Eric Adam, Shareholder of Antipollution Egypt, and Kriton Katsamenis, CEO of Antipollution Egypt.
Key Takeaways:
- Egypt prioritizes projects that add real value to its national economy, as stated by Minister of Investment and Foreign Trade Hassan el Khatib.
- The government is working to facilitate procedures for investors and give priority to projects that support environmental sustainability.
- Antipollution Egypt plans to invest $150 million in Egypt, focusing on integrated projects in pollution control and marine waste management.
- The company aims to provide integrated solutions for marine waste management according to international standards, targeting zero waste and zero emissions.
- Antipollution Egypt is committed to increasing investments in Egypt to build an integrated waste management system.
- The state's support for green economy investments is crucial for creating new job opportunities, as highlighted by Minister el Khatib.
Statistics:
- $150 million: The planned investment by Antipollution Egypt in Egypt.
- The meeting tackled opportunities to strengthen investment cooperation and expand the company's activities in Egypt.
- 100%: The government's commitment to supporting green economy investments and promoting environmental sustainability.
Sources:
- State Information Service Egypt, 18 Sep 2025.
- No other sources cited in the provided text.