Egypt plans to offer state-owned assets for 40,000 million dollars (about 37,300 million euros) to foreign investors as part of its strategy to increase the participation of the private sector in the economy and reduce its external debt, the Minister of the Sector announced this Saturday. Public, Hisham Tawfik.
Tawfik explained that the proposal will include the association in the management, production and participation in the profits of said assets, as well as in the purchase of shares in the capital of some companies, according to the official newspaper el Ah.
