Pakistan is actively seeking significant new investment from Egypt in its mining and technology industries, a move highlighted during a high-level meeting on Monday between Federal Minister for Commerce Jam Kamal Khan and the head of one of Egypt’s largest multinational corporations.
The discussions took place with Eng. Ahmed Elsewedy, the President and CEO of Elsewedy Electric, who conveyed satisfaction with the company’s existing financial ventures in Pakistan. According to a statement, he also commended the nation’s improving business environment.
In the meeting, Minister Khan presented a detailed overview of Pakistan’s substantial growth potential, particularly in the mining sector. He pointed to recent policy reforms, investor-friendly measures, and opportunities for public-private partnerships that are attracting considerable attention from both domestic and international firms.
The Commerce Minister also spotlighted the country’s rapidly expanding IT and technology services sector. He extended a formal invitation to Egyptian companies to explore partnerships, pursue innovation-driven ventures, and engage in digital trade collaborations with their Pakistani counterparts.
The Egyptian delegation responded positively, welcoming the recent economic developments in Pakistan. They conveyed a strong interest in further strengthening the bilateral commercial engagement between the two nations.
Both parties concluded the meeting by agreeing to maintain the current momentum. They pledged to continue collaborative efforts aimed at boosting capital flows and enhancing industrial cooperation between Pakistan and Egypt.