The fifth edition of the Egypt Mining Forum is scheduled to take place on September 28-29 in the new capital, under the patronage of President Abdel Fattah El-Sisi. The event, organized by the Ministry of Petroleum and Mineral Resources, aims to promote Egypt's mining sector and attract foreign investment. This year's forum is expected to be the largest since its inception, with a focus on "Unlocking Egypt's Exploration Potential and the Nubian Arab Shield."
The forum will feature a keynote speech by Petroleum Minister Karim Badawi, as well as addresses by prominent leaders of global mining companies and organizations. The event has drawn significant interest from investors and mining companies from Egypt, the Arab world, and globally. Ministers and officials from several Arab and African countries will also participate in the discussions. The forum seeks to provide a platform for showcasing promising investment opportunities in Egypt's mining sector.
Minister Badawi emphasized that the forum represents an international platform for reviewing investment opportunities in Egypt's mining sector and promoting the country's mineral wealth. He noted that recent reforms and measures, directed by President El-Sisi, aim to create a more attractive investment climate for mineral exploration and exploitation. These efforts focus on encouraging the establishment of industries that maximize the value added from mineral resources and support job creation and exports.
The second day of the forum will feature a roundtable discussion, chaired by Prime Minister Mostafa Madbouly, with senior investors and mining companies to explore available investment opportunities. The discussions will focus on enhancing partnerships with investors and coordinating among relevant authorities to attract necessary investments and maximize the benefits from Egypt's mineral wealth. The forum will also announce the results of a bidding process for investment opportunities in gold, phosphate, talc, and kaolin exploration.
Ahead of the forum, Minister Badawi will chair a high-level roundtable discussion of the African Mineral Strategy Group (AMSG), which brings together African mining ministers, leaders, and investors. The meeting aims to explore ways to enhance cooperation and partnerships between governments and investors to ensure optimal utilization of mineral resources and accelerate growth in the mining sector.
The discussions will cover the development of mining activities, from studies and exploration to production and exploitation of mineral resources. The focus will be on establishing industries that maximize the value added from these resources. The mining sector plays a vital role in the economies of African countries, supporting development, attracting investments, and enhancing value chains linked to mineral resources.
The Egypt Mining Forum serves as a critical platform for promoting Egypt's mining sector and attracting foreign investment. With its focus on unlocking exploration potential and enhancing partnerships, the event is expected to drive growth and development in the sector. Key outcomes from the forum are anticipated to shape the future of Egypt's mining industry.
Key points
- The forum aims to attract foreign investment and promote Egypt's mineral wealth.
- Recent reforms and measures aim to create a more attractive investment climate for mineral exploration and exploitation.
- The event will feature a roundtable discussion with senior investors and mining companies to explore available investment opportunities.
