The Egyptian envoy to India Hatem Tageldin now participating in an interaction at the MCC Chamber of Commerce and Industry in New Delhi said Indian investors can explore a number of high potential sectors in Egypt like textiles and some other sectors.

Among those which the Indian investors can tap are finance, logistics, tourism, agriculture, medical tourism, retail, construction and education.

Refering to the Special Economic Zone developed by his country at the Suez Canal Corridor, Tageldin said that the mega project would make Egypt a logistic hub for the whole region, giving investors access to the Middle East, the European and the African markets.

The ambassador has invited Indian investors to develop an Indian industrial city beside the Suez Canal corridor.

An official said that Cairo has proposed six agreements to facilitate trade with India. Once these pacts are concluded, trade between the two countries would reach 7-8 billion US dollar over the next three to four years.