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AIIB delegation praises Egypt's achievements in SCZone projects

Source: Xinhua| 2018-11-22 01:19:26|Editor: yan
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CAIRO, Nov. 21 (Xinhua) -- A delegation from the Asian Infrastructure Investment Bank (AIIB) praised on Wednesday Egyptian government's achievements in Suez Canal Corridor projects.

Egypt's official MENA news agency reported that the delegation, which paid a visit to the Suez Canal area, also hailed the investment opportunities in the projects.

Concluding its two-day visit in Suez Canal cities of Ismailia and Port Said, the delegation expressed willingness to pump new money for investments in Egypt's infrastructure sector.

Egyptian Investment and International Cooperation Minister Sahar Nasr, who accompanied the delegation, said that the Egyptian government is working to attract more investors to invest in the country's mega projects, mainly renewable energy, sewage networks, land reclamation and fish farming, according to MENA.

For his part, Chairman of the Suez Canal Authority and the Suez Canal Economic Zone (SCZone) Mohab Mamish said that Egypt is keen to deepen cooperation with the AIIB in order to develop the infrastructure of the SCZone.

The AIIB delegation and Egyptian officials toured a number of projects in the SCZone, including fish farms and the East Port Said Port.

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