A delegation from the Suez Canal Economic Zone meets representatives of the Japan Bank for International Cooperation (JBIC) and SMBC Corporation

Written by: Fathi Al-Sayeh

As part of his tour in Tokyo to promote investment opportunities; Walid Gamal El-Din and the Egyptian Ambassador to Japan and their accompanying delegation met Yoshimasa Yoshida, General Manager of Europe, the Middle East and Africa at Sumitomo Mitsui Banking Corporation (SMBC) at the Egyptian Embassy in Tokyo, which is a Japanese multinational banking and financial institution headquartered in Tokyo, Japan and works in the banking sector, corporate management and investments. Banking all over the world.

Waleed Jamal Al-Din gave a presentation on the various activities of the economic zone and its investment incentives and benefits. A number of cooperation models were reviewed with the Japanese side represented by some companies operating within the region in the fields of logistics and manufacturing, and a discussion took place between the two parties on joint cooperation in order to present investment opportunities for Japanese companies and data and information on the investment climate in light of the region’s strategy 2030 Especially since the group enjoys the confidence of Japanese institutions and companies around the world and has many channels of communication and direct work with Japanese manufacturers.

He also received Hayashi Nobumitsu, Governor of the Bank of Japan International Cooperation (JBIC), Walid Gamal El-Din and Mohamed Abu Bakr, Ambassador of Egypt to Japan, and their accompanying delegation at the bank’s headquarters in Tokyo. The pace of work in the region, and the Egyptian ambassador to Japan participated in reviewing the state’s efforts to support and sponsor foreign investments and new projects.

It was also done Discussion of interest in green fuel projects and investment opportunities available to establish projects for complementary and feeding industries for this industry,

The auto industry sector and the state’s role in attracting companies operating in that industry by issuing an auto industry strategy and approving a package of incentives to encourage and attract major manufacturers. For his part, the Governor of the Japan Bank for International Cooperation (JBIC) stated that he is in the process of communicating with various companies to take advantage of these opportunities and issue reports on the attractive situation. To invest in several sectors for more cooperation with the economic zone He also received Katsushii Takeguchi, General Manager of the Infrastructure Business Development Sector, and Osamu Irie, General Manager of the Infrastructure Business Sector. Energy and gentlemen, representatives of some of the companies of the giant Sumitomo Group, Walid Gamal El-Din and Mohamed Abu Bakr and their accompanying delegation at the headquarters of the Sumitomo Corporation Group in Tokyo. related to operation. Also, the advantages of investment in the region, the direct and indirect incentives, and the distinctive regulatory and legal framework to support projects were explained, starting from the project submission stage until operation and the length of the project’s work period.

2030 On the other hand, representatives of the Sumitomo Group gave a presentation on the activities of the group, which operates in 7 sectors around the world, including metal manufacturing, transportation systems, construction and infrastructure. The group also has an interest in clean energy projects and owns several projects around the world in terms of production and distribution. At the end of the meeting, the two parties agreed to exchange data and information to study the possibility of cooperation in projects of common interest within the Suez Canal Economic Zone.