Post-pandemic to see new opportunities for French companies in Egypt: Ambassador Romatet

Post-pandemic to see new opportunities for French companies in Egypt: Ambassador Romatet

Egypt has a powerful and attractive investment climate, French ambassador to Egypt, Stéphane Romatet, said during a video conference held last week.

The conference was held with the participation of over 100 businesspeople from France and the Gulf Cooperation Council (GCC) interested in making inroads in the Egyptian market.

Romatet highlighted the strong political, social, economic, and cultural ties between Egypt and France, shedding light on Paris support for Cairo in its development programmes, as well as the multiple Egyptian projects in which French companies can participate.

Meanwhile, the ambassador praised the effective procedures followed by Egypt's health agencies in handling the novel coronavirus (COVID-19) crisis.

From the beginning, Egypt took decisive measures to limit the spread of the coronavirus and protect lives, while at the same time addressing the needs of economic stability, Romatet told Daily News Egypt.

The ambassador also applauded the involvement and participation of some French companies in developing several projects in Egypt, especially in the infrastructure and transportation sectors.

Romatet added, "We will have to ensure that French tourists return to Egypt, given the vital role this sector plays for the economy.“

Daily News Egypt interviewed Romatet to talk further on his vision for Egypt's economy and the future