His remarks came during a meeting with Suzanne Clark, President of the U.S. Chamber of Commerce, and John Christmann, Chairman of the U.S.-Egypt Business Council and CEO of Apache Corporation.
By: Business Today Staff
Mon, May. 26, 2025
President Abdel Fattah El-Sisi expressed Egypt’s strong interest in establishing a dedicated U.S. industrial zone within the Suez Canal Economic Zone, emphasizing the country's readiness to provide all necessary facilities for American investors.
His remarks came during a meeting with Suzanne Clark, President of the U.S. Chamber of Commerce, and John Christmann, Chairman of the U.S.-Egypt Business Council and CEO of Apache Corporation.
President El-Sisi highlighted Egypt’s willingness to deepen cooperation with the American business community across all mutually beneficial economic sectors. He welcomed President Donald Trump’s supportive stance on strengthening U.S.-Egypt corporate partnerships.
El-Sisi reaffirmed Egypt’s ambition to become a major industrial hub for American manufacturing, noting its strategic location as a gateway to both the Arab world and the African continent, supported by strong ties with African nations.
In response, Suzanne Clark said the American business delegation’s visit underscores the strength of the strategic alliance between Egypt and the United States. She added that U.S. companies in Egypt, such as Apache, are achieving tangible success and actively contributing to Egypt’s development.
Following the meeting, President El-Sisi held an extended discussion with representatives from various American companies, reiterating Egypt’s commitment to fostering cooperation in economic, trade, and investment fields. He stressed that Egypt offers a large, ready market with advanced infrastructure and recently reformed legislation aimed at attracting foreign investment.
He highlighted the Suez Canal Economic Zone as a prime location offering significant facilitation and incentives for foreign companies. The president also reviewed Egypt’s ongoing economic reform program, which has improved macroeconomic indicators, boosted productivity, and created new job opportunities.
El-Sisi pointed to Egypt’s strategic geographical location as a unique advantage, serving as a gateway to Arab, African, and even European markets. He welcomed both existing and new American investments, assuring full support from the government to overcome any obstacles and ensure investor success.
He also emphasized the state's commitment to empowering the private sector as a key driver of economic growth.
The meeting explored priority sectors for investment in Egypt, including ICT, artificial intelligence, medical devices and pharmaceuticals, automotive manufacturing, renewable energy, infrastructure and construction, and food industries—areas where Egypt offers strong competitive advantages. El-Sisi underscored Egypt’s strategic focus on localizing industrial production.
Finally, several U.S. delegation members expressed their eagerness to seize the promising opportunities available in Egypt’s dynamic and growing economy, reinforcing their commitment to building mutually beneficial partnerships.