The Prime Minister meets the President and the Chief Executive Officer of Amazon and his accompanying delegation to discuss expansion opportunities in the Egyptian market, in the presence of the Minister of Investment and Foreign Trade, Chairman of the General Organization for Export and Import Control (GOEIC), and Ministry leaders.
The Prime Minister Dr. Mostafa Madbouly received, this evening at the government premises in the New Administrative Capital, Mr. Doug Herrington, CEO of Worldwide Amazon Stores, and his accompanying delegation. The meeting was attended by Eng. Hassan El Khatib, Minister of Investment and Foreign Trade, Mr. Hossam Heiba, CEO of the General Authority for Investment and Free Zones, and Major General Essam El Naggar, Chairman of the (GOEIC), to discuss opportunities for expansion in the Egyptian market and enhance cooperation in the field of Digital Commerce.
At the beginning of the meeting, the Prime Minister welcomed the CEO of worldwide Amazon Stores during his current visit to Egypt, expressing his appreciation for Amazon's role in supporting the Digital Commerce.
Dr. Mostafa Madbouly also expressed his aspiration to support Amazon's efforts and investments in Egypt, noting his previous visit to one of the company's premises in Egypt.
For his part, Doug Herrington, CEO of Worldwide Amazon Stores, expressed his deep appreciation for the Egyptian government's continued support for Amazon's business in Egypt, referring to the significant milestones achieved through this collaboration, including inauguration of requirements fulfillment center in 10th of Ramadan City and launching the largest customer service center in the region.
Mr. Doug Herrington said, "at Amazon , we believe that Egypt represents a strategic market with tremendous potentials. We are committed to investing in infrastructure and creating job opportunities, and we look forward to strengthening our partnership with the Egyptian government to support the digital transformation and economic growth."
The CEO of Amazon Global Stores added: "We are working to enable thousands of small and medium-sized businesses to grow through our digital platform, and we hope to continue working with the government to facilitate procedures and encourage more local companies to join the Digital Economy."
For his part, the Minister of Investment expressed his appreciation for the company's investments in Egypt, noting the advantages that Egypt offers, particularly in terms of its skilled young workforce, who can support the company's business and the services it provides digitally.
Engineer Hassan El Khatib also confirmed the government's commitment to supporting digital commerce, noting the Ministry of Investment's intention to study all ideas proposed by the company to support its investments in Egypt and enhance the digital commerce field.
The Minister explained that cooperation with the company could also contribute to achieving financial inclusion by encouraging more companies and individuals to engage in digital commerce.
The Prime Minister affirmed the government's desire to strengthen cooperation with the company, particularly as digital commerce will enhance financial inclusion measures.
Mr. Hossam Heiba discussed Egypt's expertise in the digital commerce and what can be achieved through cooperation with Amazon in this regard.
During the meeting, Amazon's delegation reviewed the company's most prominent achievements in Egypt, including progress in employment, investment, and logistics infrastructure, as well as future expansion plans aimed at deepening the company's presence and enhancing Egypt's role as a regional hub for digital commerce; in addition to the promising opportunities to support the digital transformation of traditional commerce, with Amazon officials affirming their willingness to support the integration of small and medium-sized traditional stores into the digital economy.
The two sides emphasized the importance of continued joint coordination and exchange of expertise to ensure the achievement of aspired development and economic goals.
Mr. Herrington also expressed his hope for the continuation of this fruitful partnership between Amazon and the Egyptian government in the coming period.
At the conclusion, the Prime Minister affirmed the Egyptian government's continued support for Amazon's presence in the Egyptian market and its readiness for discussing any proposals to increase the company's investments in Egypt.
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