Feb. 20 – Mechanics, renewable energy, infrastructure are the main focus of the Italian business mission that Feb. 22-24 goes to Egypt. The goal is to understand and grasp business opportunities offered by the Egyptian market, not only in terms of trade but also of industrial partnerships. 90 companies, 5 business associations, 5 banking groups, for a total of about 190 participants, will take part in the Cairo initiative. It will be an opportunity to strengthen the strategic partnership with Egypt at a time when the country is entering a new phase of growth and development. The mission is promoted by the Ministries of Economic Development and Foreign Affairs and International Cooperation. It’s organized by Confindustria, the Italian Trade Agency for promotion abroad and the internationalization of Italian businesses, ABI, Rete Imprese Italia, Alleanza delle Cooperative, and Unioncamere. The Italian delegation is led by the Deputy Minister of Economic Development, Carlo Calenda, with Licia Mattioli, President of the Confindustria Technical Group for Internationalization and Foreign Investors, Riccardo Maria Monti, president of the ITA, and Guido Rosa, a member of the ABI Presidential Committee in charge of international relations. For ABI, this is the second mission to Egypt, confirming the great potential that the industry sees in this market. The banking delegation is made up of five banking groups that account for about 60% of the sector in terms of total assets, and 60.5% in terms of branches.
