The Prime Minister is following up on the procedures for launching my company "Net" and"patriotism" affiliated with the Armed Forces within the government proposal programme
Dr. Mostafa Madbouly, Prime Minister, confirmed that the government proposals program comes within the framework of implementing the “State Ownership Policy Document” And the efforts made by the Egyptian government to support the role of the private sector and increase its contribution to economic activity, referring to what was announced last month regarding the government’s intention to offer ten government companies either through the stock exchange or to a strategic investor.
It came. This was during the meeting held by Dr. Mostafa Madbouly, this evening, to follow up on the procedures for offering the two companies, “Safi” And "national" belonging to the armed forces; As part of his periodic follow-up of the procedures for offering the ten companies that were announced last month, whether through the stock exchange or to a strategic investor, in the presence of Ahmed Kojok, Minister of Finance, Engineer Hassan Al-Khatib, Minister of Investment and Foreign Trade, and Major General Magdy Anwar, Director General of the National Forces Service Projects Authority. The Armed Forces, officials of the Sovereign Fund of Egypt and other concerned parties.
Dr. Mostafa Madbouly added that among what was announced last month, 4 companies affiliated with the Armed Forces will be offered, Companies: "National" and "net" And “Silo” And “Shell Out”. In turn, the Minister of Finance explained the importance of following up on the offering of the ten companies announced within the framework of the state’s commitment to implementing the state ownership policy document and supporting the private sector, which comes within the framework of the broader goal of implementing the reform program. Economic.
As “Koçuk” pointed out, Until the launch of my company "Safi" And "national" The two branches of the Armed Forces represent a positive sign of the state’s commitment to supporting the role of the private sector and improving the investment climate.
At the same time, Engineer Hassan Al-Khatib confirmed that the Ministry of Investment and Foreign Trade, through the "Sovereign Fund of Egypt" By following up on the offering procedures for government companies in coordination with various concerned authorities.
During the meeting, Major General Magdy Anwar, Director General of the National Service Projects Agency for the Armed Forces, explained the efforts made by the agency to prepare the armed forces companies for the offering process according to the timings. specified.
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