Egypt's government sends 42 investment projects to banks for study

Forty-two large investment projects were sent to investment banks for study in order to be floated at the economic conference Sharm El Sheikh will be hosting in March, Investment Minister Ashraf Salman said.
The government has invited 120 countries and 3,500 investors to attend the economic summit, Salman told a conference Sunday on the future of investment.
The government will expound on general economic policies and reform measures during the international event, he said.
After the June 30 revolution, Egypt adopted a strategy based on the structural reform of the national economy, encouraging development and investment and laying down investment-attractive legislation, he added