On the 25th of May 2015, Business News Foundation will launch its second annual energy conference entitled “Energy & Future of Investment in Egypt” under the auspices of Petroleum and Mineral Resources Minister, Dr. Sherif Ismail and Dr. Mohamed Shaker, Minister of Electricity and Renewable Energy.
Through a variety of sessions, panels and dialogues the conference will discuss the steps Egypt has taken towards the energy mix in order to meet the country’s stability and development needs during the next phase in addition to the future of investment in Egypt with regards to the energy file including its various types and resources.
The political leadership realizes the importance of the energy file which, actually, represents a transformation in the country’s strategic vision. Thus, it requires directing the attention of all state institutions to invest in energy to attract new manufacturing and development prospects.
The annual conference will also discuss the government’s strategy after the steps taken by the government regarding the new energy tariff. It has also taken steps to pay the dues of the foreign partners, to present projects to the private sector and to set rules for the cement industries that import coal and then launch it in the market.