Arab Today, arab today cairo university professor calls for investment in suez
Last Updated : GMT 06:51:55
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Cairo University professor calls for investment in Suez

Arab Today, arab today

Arab Today, arab today Cairo University professor calls for investment in Suez

Cairo - Arabstoday

There is a need to discuss the stalled projects in the Suez industrial zone, said Heba Nassar, vice-president of Cairo University and professor of political economy. New Egyptian Prime Minister Kamal el-Ganzouri recently decided to withdraw 21 million square meters of land from investors and put it up instead for auction. “This decision may be sound in terms of not wasting the land,” Nassar said, but it could have a “negative impact on foreign investment,” since the action illustrates his power to withdraw investments at any time. “We must demand accountability first,” she said.

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