Signing of the memorandum of understanding with the Congolese government

The Congolese government, represented by the Minister, signed
Foreign Trade Julian Baloko Kahongya, and Al-Ahramat Engineering Development Company, one of the companies of Mahmoud Samih Holding Group, represented by Mahmoud Samih, CEO of this group, issued a memorandum of understanding yesterday, Thursday in Kinshasa, which specifies the activation of the Congolese-Egyptian Chamber of Commerce in Kinshasa within 60 days.

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The establishment of this Chamber of Commerce aims to facilitate trade between the Democratic Republic of the Congo and Egypt by identifying and providing appropriate solutions to the needs of the Congolese market, within the framework of strengthening bilateral economic and trade cooperation with the aim of encouraging strategic investments in many sectors, including infrastructure, agriculture and technology in many governorates.Including Kinshasa, Central Congo, the Greater Katanga region, the Greater Kasai region and Tshopo.

It also develops and manages a dedicated digital platform that allows disseminating the needs of Congolese actors and contacting qualified Egyptian suppliers; And act as a reliable intermediary between Egyptian suppliers and Congolese buyers, and vice versa, ensuring the quality and conformity of the products offered, as stipulated in the memorandum of understanding.

Engineer Mahmoud Samih, CEO of Mahmoud Samih Holding Group, assured the Congolese government of full cooperation at all levels between the two countries for the success of this strategic partnership, describing the Congolese market as a promising market in all fields, and with the correct management of resources, the basic goals and objectives of the partnership will be achieved to the benefit of all parties
He stressed that this memorandum does not merely represent a legal framework for economic cooperation, but rather is an important strategic step towards inaugurating a new phase of bilateral relations based on exchanging interests and enhancing investment opportunities for the direct benefit of the national economy

Regarding the statement of the Minister of Foreign Trade, Julian Baloko Kahongya, he stressed that the signing of this memorandum of understanding enhances trade and economic cooperation between the Democratic Republic of the Congo and Egypt, as the government is committed to ensuring the implementation of projects, by signing this exclusive contract with the Egyptian Chamber of Commerce and establishing a steering committee, as Julian Baloko concluded.Kahongya.