Cairo: Prime Minister Moustafa Madbouly said, Tuesday, April 21, 2026, Egypt and Finland share a common vision based on innovation, sustainability, and mutual growth, despite geographical distance. The premier's remarks came during his speech at the Egyptian-Finnish Business Forum attended by Finnish President Alexander Stubb, as Madbouly highlighted growing economic ties and investment opportunities between the two countries.
According to State Information Service Egypt, Madbouly pointed to Egypt's ongoing economic reforms and advanced infrastructure, including the Suez Canal Economic Zone, as key drivers for attracting foreign investment, while emphasizing Finland's leadership in digital transformation and green technology. The prime minister also called for expanding cooperation in priority sectors such as ICT, clean energy, education, healthcare, and manufacturing, stressing Egypt's commitment to supporting investors and fostering sustainable partnerships.
The Egyptian government has implemented significant structural reforms in recent years aimed at creating a flexible and attractive investment environment, including updating the legislative framework to protect investments and simplifying company establishment procedures, the prime minister said. He added that these efforts were accompanied by the development of advanced infrastructure, notably the Suez Canal Economic Zone, which offers competitive incentives for Finnish companies seeking to export to global markets, as well as prioritizing the green transition in line with Finland's expertise in renewable energy and the circular economy.
The prime minister invited Finnish partners to explore a number of priority sectors offering promising opportunities for cooperation, including digital transformation and information and communications technology, by leveraging Finland's leadership in fifth-generation technologies and artificial intelligence to support the 'Digital Egypt' strategy. He also highlighted opportunities for collaboration in clean energy and water sectors, particularly in green hydrogen projects, desalination, and waste-to-energy initiatives.
He pointed to potential cooperation in education and healthcare through benefiting from the Finnish education model and advanced medical technologies to enhance human capital, in addition to the manufacturing sector through joint projects that capitalize on Egypt's workforce and trade agreements, including the African free trade area, providing access to a market of around 1.3 billion consumers. Madbouly affirmed that the Egyptian government is committed to being a partner to investors, not merely a regulator, stressing its keenness to listen to challenges and work to resolve them to ensure the success and sustainability of investments in Egypt.
He added that the Finnish president's visit marks a significant step toward strengthening bilateral relations and unlocking new avenues for cooperation.