The government of Qatar has revealed that it has signed an agreement with Egypt to build two new ports that will create one million new jobs, Worldmaritimenews reports.
According to Qatar’s Minister of State for International Corporation, these will be new facilities in the ports of Port Said and Alexandria.
After leading a delegation to Egypt, he said there will also be bilateral cooperation in establishingtwo investment companies in Africa, with one focused on Sudan.
In comments published by Qatar News Agency, he said that 1m job opportunities would be created by the Port Said port project with another 200,000 jobs as a result of the Alexandria proposal.
The Minister said that the two sides would draw up a plan to carry out their agreements and set a time frame for the establishments of the ports.
He added that a delegation of Qatari businessmen would visit Egypt next month to look for investment opportunities.
According to Qatar’s Minister of State for International Corporation, these will be new facilities in the ports of Port Said and Alexandria.
After leading a delegation to Egypt, he said there will also be bilateral cooperation in establishingtwo investment companies in Africa, with one focused on Sudan.
In comments published by Qatar News Agency, he said that 1m job opportunities would be created by the Port Said port project with another 200,000 jobs as a result of the Alexandria proposal.
The Minister said that the two sides would draw up a plan to carry out their agreements and set a time frame for the establishments of the ports.
He added that a delegation of Qatari businessmen would visit Egypt next month to look for investment opportunities.