H.E. Dr. Rania A. Al-Mashat participates in the plenary session of the Future Investment Initiative (FII) Conference in Saudi Arabia

With the participation of the Saudi Minister of Investment and senior representatives from governments and the private sector
 
H.E. Dr. Rania A. Al-Mashat participates in the plenary session of the Future Investment Initiative (FII) Conference in Saudi Arabia

 

H.E. Al-Mashat: Governments alone cannot address global economic shifts—private sector is a key partner.

 

Alignment between governments and the private sector paves the way for resilience and adaptability in facing global challenges.

 

Egypt continues to advance investment climate reforms to expand private sector participation.

 

Egypt’s Narrative for Economic Development: Reforms for Growth, Jobs & Resilience consolidates the reform agenda for sustainable and inclusive growth.

 

The Medium-Term Development Plan to 2030 serves as the executive framework for the Narrative.

 

Egypt and Saudi Arabia implement a successful regional cooperation model in the energy sector through the electricity interconnection project.

 

 

H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, participated in the plenary session of the Future Investment Initiative (FII) Conference held in Riyadh, Saudi Arabia.

 

The session, titled “Board of Change-Makers: Public-Private Powerbrokers,” featured the participation of H.E. Eng. Khalid Al-Falih, Saudi Minister of Investment; H.E. Mr. Paul Chan, Financial Secretary of Hong Kong; Mr. Aliko Dangote, Founder, Chairman, and CEO of Dangote Group; Mr. Jim Fitterling, Chairman and CEO of Dow; along with a distinguished group of public and private sector representatives.

 

H.E. Dr. Al-Mashat emphasized that alignment between governments and the private sector forms the cornerstone of economic resilience, enabling countries to address growing global challenges—such as supply chain disruptions, climate change, and energy crises. She underlined that governments cannot tackle these challenges alone, but require active and transparent collaboration with the private sector built on trust and clarity.

 

The Minister highlighted that this year’s FII Index findings drew attention to two key global concerns—the cost of living and employment opportunities—noting that effective responses to both depend on strong alignment between public and private stakeholders. Such coordination, she added, ensures flexibility in managing shocks and sustaining economic growth.

 

H.E. Al-Mashat explained that the role of governments should center on regulation and empowerment—through clear, predictable, and transparent policy frameworks. She noted Egypt’s tangible progress in strengthening public-private partnerships (PPPs) across multiple sectors, including infrastructure, healthcare, and energy. While these initiatives have achieved notable success, challenges remain—necessitating continuous dialogue to overcome obstacles and expand participation.

 

The Minister outlined that effective alignment is built on key pillars: clarity in investment regulations, transparent prioritization of national goals, and flexibility in regulatory frameworks that foster innovation and development.

 

Citing a model of successful regional cooperation, H.E. Al-Mashat pointed to the Egypt–Saudi Arabia electricity interconnection project as a tangible example of coordination and complementarity between the two nations in implementing strategic, large-scale initiatives.

 

Turning to the Egyptian economy, the Minister affirmed that growth, job creation, and resilience constitute the central pillars of Egypt’s Narrative for Economic Development: Reforms for Growth, Jobs & Resilience, which integrates all structural reforms and policies designed to support investment and sustainable development.

She added that the Medium-Term Development Plan (up to 2030) serves as the executive framework translating this Narrative into actionable programs.

 

H.E. Al-Mashat stressed that Egypt’s extensive investments in infrastructure, logistics, ports, and electricity networks over recent years have been instrumental in attracting leading global renewable energy companies such as ACWA Power and others.

 

Presenting Egypt’s experience as a model of balance between prudent public investment and strengthened private sector engagement, she noted that Egypt adopted a dual approach—setting ceilings on public investment while increasing private participation to around 57% of total investments, directing capital toward productive sectors.

 

She further highlighted that emerging fields such as green hydrogen, smart grids, and AI-powered infrastructure demand substantial capital and advanced technological capabilities—objectives best achieved through public-private partnerships, which enable resource pooling, financial viability, and sustainability.

 

H.E. Al-Mashat underscored the importance of strong institutions and long-term strategic planning to ensure policy continuity and consistent implementation—factors that enhance private sector confidence and reduce uncertainty.

H.E. Dr. Rania A. Al-Mashat participates in the plenary session of the Future Investment Initiative (FII) Conference in Saudi Arabia