Japan’s Toyota Tsusho is to establish two car factories in Africa, with an annual production capacity of 100k cars per factory, Egypt is one of the preferred countries for the country.
The council is designed to provide a favorable environment for investment initiatives undertaken by Egypt.
Pro-business reforms drive economic growth in Egypt, attracting record foreign investment and positioning the country as a leading destination for investors.
A recent report by HSBC states businesses show “cautious optimism in Egypt and a willingness to adapt”.
