Why Invest in Egypt.
"Egypt is an investment haven not only because of its unique geographical location but due to its political stability and economic development"
German Chancellor Gerhard Schroeder addressing the German and Arab Chamber of Commerce & Industry in Cairo.
The Egyptian Gazette, 30th October 2000
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Egypt is the largest Arab country with a population of 62 million (1999). |
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Egypt is in the heart of the Middle East and North African markets. |
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Egypt is in the centre of the transportation routes by sea, air and road and is the geographical hub that links the Middle Eastern, North African and Mediterranean markets. |
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Egypt's strong role in the MENA region and trade agreements with the COMESA countries adds to its influential trade and economic status. |
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Egyptian economic growth has accelerated from 1.9% in 1992 to 6.3% in 1999. |
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GDP in Egypt has grown at 5.5% over the past 2 years up from an average of 2.5% in the early '90s. |
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For the past years Egypt's economy has been the best performer in the Middle East and North African region. |
Why Participate at MACTOOLS-6.
MACTOOLS-6, in its sixth edition, has firmly established itself as the premier showcase for the International Machine Tool and Hand Tools Industry in Egypt. The International event is well known within the Middle East region and attracts visitors from Algeria, Bahrain, Iran, Jordan, Libya, Oman, Saudi Arabia, Sudan, Syria, United Arab Emirates, and Yemen.
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The Government programme to privatise the public sector continues to create additional demand for Machine Tools and Metalworking equipment. |
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90% of the machinery running in factories and workshops is being imported from Europe & |
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Machine Tool sector is ranked 9th for US leading sectors for exports and investments, |
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Egypt is ranked 22nd in CECIMO list of equipment importers. |
MACTOOLS-6 exhibition offers an ideal opportunity to introduce the latest technologies, materials and supplies in an efficient professional setting. The exhibition will show the latest technology in Machinery, Measuring & Testing, Tooling, Metal Forming, Moulds & Dies, Hand Tools and Welding & Cutting.
With the highest level of government support, targeted visitor promotion campaign, tailor-made advertising & sponsorship programmes this is the event not to be missed. Act now to secure best available location.