The G20 summit hosted in Osaka, Japan, concludes its fourteenth round Saturday, where dozens of world leaders participate in a break-neck schedule of high profile meetings.
Egypt is not a member of the G20; however, President Abdel Fatah al-Sisi is attending the two-day summit in his capacity as the chairman of the African Union. Egypt’s participation in the summit has been underscored for its regional importance, and vision in enhancing development of the African continent.
It is the first time for Japan to host the G20 summit. On the sidelines of the summit, Japanese Prime Minister Shinzo Abe met with President Sisi, where both expressed keenness to enhance bilateral cooperation in various fields specially education, culture, technology, energy, and transportation.
In the below lines, Egypt Today summarizes Japanese investments in Egypt:
1- Direct Japanese investments in Egypt are estimated at $420 million.
2- Around 106 Japanese companies are operating in Egypt.
3- The value of Japanese investments in Egypt increased during past financial year by 74 percent.
4- Japanese companies work in different fields including: industrial sector, electronics and cars.
5- Japan acquires 13 percent of total Asian investments in Egyptian market.
6- Total volume of trade exchange between both countries increased by 30.5 percent, reaching $1.26 billion.
7- Japan ranks the 31st in the list of states investing in Egypt.
Egypt Today
