Egypt’s Tamer El Khouly secures Ivory Coast government investment partnership
El Khouly’s firm has already participated in projects worth $932 million in five years
Egypt’s Tamer El Khouly has agreed a strategic partnership with the government of Ivory Coast which will see the real estate developer help “boost investment opportunities in real estate and infrastructure fields across the country.”
El Khouly has been invited with other major Egyptian businessmen to the official inauguration of the ‘Ivorian week in the world’ this August, where he will be formally honoured as a strategic partner of the state.
El Khouly expressed his delight to local media and was quoted as saying it was in recognition of his efforts during the last five years to develop the infrastructure besides building residential units and entering into partnership projects worth more than $932 million.
“More than 15% of the used components and products were imported from Egypt,” he said, adding that there were many promising opportunities for investment and economic cooperation between Egypt and other West African countries.
El Khouly was appointed as ambassador and representative of the United Nations organisation (IIMSAM) and an international observer to the United Nations Economic and Social Council in 2017. He has also opened representative offices in Mali, Cameroon, Ivory Coast and Senegal
“The future of the Egyptian economy is linked to the black continent. There are countries that have noticed this and have begun to move in an organized way looking for solid investment opportunities,” he said.
