Egypt’s President Abdel Fattah El-Sisi said the government is seeking strongly to introduce laws that ensure equal opportunities for investors.

Speaking on the sidelines of the annual meeting of the World Economic Forum (WEF) in Davos, El-Sisi added that the Egyptian government is working on removing obstacles facing the private sector that is seen as key factor for development.

Egypt is carrying out mega national projects that will provide many investment opportunities such as the New Suez Canal, the President said.

He also stressed Egypt’s keenness on strengthening confidence in its economy with the aim of achieving strong returns, adding that the government seeks to bring out institutional reform to face corruption.

El-Sisi also highlighted the government’s efforts to improved and upgrade infrastructure in transportation sector.

He invited global investors to participate in Egypt’s upcoming economic summit scheduled for March.