Egypt, Qatar ministers continue talks on investment projects

Egypt, Qatar ministers continue talks on investment projects

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Thu, 17/01/2013 - 19:10

The Qatari Finance Minister Youssef Hussein Kamal met with Egyptian Minister of Investment Osama Saleh on Thursday to discuss joint investment projects.

The ministers agreed to complete initial studies for a series of projects that Qatar would fund and Egypt would implement, including energy projects, Saleh said.

Kamal said he would meet with Prime Minister Hesham Qandil and the ministers of finance, industry and trade to further discuss projects that are on the table and begin drafting agreements. This includesa  proposal for an integrated development plan in East Port Said.

Qatar has already invested billions of dollars in the country, Kamal said.

Edited translation from Al-Masry Al-Youm