Economic

Chinese Companies Interested in Investing in the Red Sea State

The Governor of the Red Sea State, Lt. Gen. Mustafa Mohamed Nour Mahmoud, received a delegation of Chinese companies headed by the Chairman of the Board of Directors of Biuda Company, representing the group of Chinese companies.

The governor renewed his welcome to foreign investors in the Red Sea State and confirmed that all obstacles facing investment in the state will be removed.

Mr. Zar, Chairman of the Board of Directors of Biuda Company, expressed their interest in investing in the state, especially since they have prior experience and a successful model in the Nile River State (prefabricated building projects). He also thanked the governor for his support to investors and efforts to facilitate investment, as well as his warm welcome to Chinese companies in the state.

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