At least 100 entrepreneurs with stress to the sectors of furniture, agro-industry and fisheries from the Egypt's coastal province of Damietta have expressed interest to invest in Angola and establish partnerships with Angolan counterparts. This is contained a press note from the Angolan Embassy in Egypt. According to the source, the entrepreneurs expressed their availability at a meeting held in Damietta city with the Angolan ambassador to Egypt, António da Costa Fernandes, sponsored by the local Chamber of Commerce. The Angolan ambassador spoke of the existing potential in the underground, seas, infrastructures as well as business opportunities. He also mentioned the incentives the country offers to the foreign investors interested in business partnership with Angolan counterparts.
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In his turn, the Damietta provincial governor, Ismael Abd Elhmid, said that of all institutional support is available so that the intention can be initiated without delay. The Angolan Embassy in Cairo will undertake the role of intermediate between the Egyptian and Angolan business people. The head of the Chamber of Commerce announced the holding of a workshop this month to select the local entrepreneurs who will qualify for exploitation of business opportunities in Angola, in the fields of timber exploitation, manufacturing of different furniture, fishing boats and agro-industry.