How much is the amount of Italian investments in Egypt? The Ministry of Investment responds

Economy and stock exchange

Italy is an important economic partner of Egypt and one of the largest investors, where Italian investments in Egypt about $ 4 billion, through 1204 companies, according to data of the Ministry of Investment and International Cooperation.

The investments of these companies include many fields including infrastructure, gas, petroleum, financial services, logistics, chemicals, petrochemicals, new and renewable energy, ready-made garments.

The volume of trade exchange between the two countries reached 3.993 billion dollars for the period from January to July 2018, of which 1.235 billion dollars are Egyptian exports, compared to 2.758 billion dollars imports, where Italy is one of the top 5 countries from which Egypt imports.

According to the statistical data contained in the latest publications of foreign trade of Egypt issued by the Statistics Authority, Italy accounted for 6.2% of Egypt's total imports during the period of this year. The most important Italian goods imported were: Machinery and machinery, And their products, electrical appliances"He said.

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