(Jan. 30) – From Milan to Cairo in the name of business: more than 2.8 billion euros is in fact what is being invested by Regione Lombardia in the North African Country by adding imports and annual turnover of the companies owned by Lombard firms and remittances to Egypt. Of this amount , approximately 1.5 billion comes from Milan. The data comes from an estimate of the Chamber of Commerce of Milan on Istat data (2012 imports) , Bank of Italy (2012 remittances) and Reprint database ( 2011 FDI). In the first nine months of 2013, the interchange with Egypt exceeds 850 million euros and represents a quarter of Italy’s total. The most active provinces in exports are Milan (47.2% of the regional total) and Brescia (14.4%) , in the import Mantova in on the lead with 30.8%. Those that grow more in spite of the crisis are Mantua , Pavia and Monza (as is clear from an elaboration of the Chamber of Commerce on Istat data of September 2013 and 2012). To take stock of the situation , the appointment is for Tuesday, February 4th at the Chamber of Commerce of Milan with a business focus on Egypt , followed by business meetings. (Red)
