CAIRO: Pakistan has invited one of Egypt’s leading multinational groups to expand its investment footprint by pitching major opportunities in the country’s mining and information technology sectors during a high-level meeting on Monday.
Federal Minister for Commerce Jam Kamal Khan briefed the leadership of Elsewedy Electric on recent policy reforms aimed at revitalising Pakistan’s mining industry. He outlined investor-friendly regulations and highlighted fresh avenues for public-private partnerships in mineral development. The minister also urged the corporation to examine prospects in Pakistan’s fast-growing IT services sector, stressing the potential for enhanced digital trade cooperation.
Eng Ahmed Elsewedy, President and CEO of Elsewedy Electric, expressed satisfaction with the company’s current operations in Pakistan. The Egyptian delegation noted Pakistan’s recent economic progress and signalled a strong interest in advancing commercial engagement between the two countries.
Both sides agreed to maintain close dialogue to explore future collaboration and strengthen industrial and investment linkages.
