CAIRO, March 17 (MENA) - Consul-General of Egypt in Hong Kong Baher Sheweikhi praised the development of bilateral trade and economic ties over the past period.

The Egyptian consul-general in Hong Kong said Monday, that Hutchison Port Holdings, headquartered in Hong Kong has pumped investments totaling dlrs 1.6 billion into Egypt in the field of developing and operating container terminals in the ports of Alexandria and Ain Sokhna.

During a meeting held with Secretary for Transport and Logistics of the Hong Kong Special Administrative Region (HKSAR) Mable Chan, the consul general congratulated her on assuming her new post.

The meeting shed light on Egypt's contribution to the export of double-decker public transport buses to Hong Kong, as the buses are exported by the Egyptian company MCV-eg to KMB Company in Hong Kong, Sheweikhi said.

The meeting also addressed ways to diversify existing cooperation between the two sides, particularly in the fields of maritime and air transport and the management and operation of seaports, especially in light of Hong Kong's experience in this field; being a major hub for regional and global logistics operations and among the most efficient and busiest international container ports.

The diplomat also reviewed Egypt's recent achievements in the field of developing and improving seaports that would enable attract more foreign investments, particularly from Hong Kong, referring to Hon Kong's efforts to open new markets in the Middle East and North Africa region.

For her part, the minister of transport and logistics of Hong Kong praised existing cooperation between Egypt and Hong Kong, voicing keenness on enhancing cooperation in the fields of maritime and air transport to serve joint interests, in addition to benefiting from Hong Kong's expertise in managing and operating seaports. (MENA)

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