He stated the following:
Egypt is not different from the countries you mentioned
In fact they don't have war yet their situation is miserable
Which is true, Egypt is in a bad state like many other ME states. If you call their state good then you're aiming for shit despite anything you're posting here.
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I responded back to him with facts , sources , videos and proof that Egypt economic situation has improved greatly since 2014 until today . I agree Egypt faced problems between 2011 and 2014 as a result of 2 revolutions and terrorism problem in northern Sinai which were all funded external powers . Anyway from 2014-2017 the situation has improved on all fronts whether security or economy especially when Egypt started an economic reform plan that helped improved its foreign reserves, budget deficit and trade balance . please read the post below before writing bullshit that makes no sense .
I will list below some of the major strategic projects currently being undertaken in Egypt
1) A joint venture between Egypt Suez authority and DP to develop industrial zones in Suez canal for light , medium and heavy industries all of which will allow Egypt increase its exports in the future .
http://www.hellenicshippingnews.com/dp-world-suez-canal-authority-in-jv-to-develop-new-projects/
2) Major economic reforms implemented which will remove wasteful subsidies eventually in the long run will help Egypt reduce its budget deficit . Moody credit agency rated Egypt standing as stable after the recent economic reforms .
https://dailynewsegypt.com/2017/08/09/first-goals-egypt-economy-reform-plan-met-says-bnp-paribas/
http://english.ahram.org.eg/NewsCon...my/Moodys-affirms-Egypts-B-credit-rating.aspx
3) Egyptian Chinese industrial zone in Suez Canal already first phase is operating , china planned a total of 5 billion investments in this zone in various light medium and heavy industries .
https://dailynewsegypt.com/2016/03/...strial-zone-projected-attract-5bn-investment/
4) Eastern Portsaid project , first phase will be completed by between next December and February .
The project includes increasing the size of the port road size to 5 KM and developing 10 industrial zones over 40 million square meters in various industries , the first 4 million square meter will be ready by the end of this year . The goverment is also close to completing 4 major tunnels between Sinai and main land Egypt.
This is just a part of a big project aimed at developing industrial zones over a span of 6 main ports over a size of 450 KM square .
5) Russians are planning to invest around 5 billion dollars in a Russian industrial zone to take advantage of the strategic canal suez development project . Egypt will serve as major center for Russia exports to Africa and Middle east
https://sputniknews.com/business/201707111055429592-russia-egypt-industrial-zone/
http://news.xinhuanet.com/english/2017-07/12/c_136436144.htm
6) Article talks about competition between Russia and China on increasing investments in the new suez canal project in Egypt .
http://thediplomat.com/2017/08/sino-russian-shadow-competition-plays-out-in-egypt/
7) Example of some successful major foreign firms operating in Egypt
Samsung Elections opened in 2012 an industrial complex worth 2.5 Billion dollars in Beni Suef to use Egypt as a base to export its products to Africa and Middle east, last year their total exports from Egypt was worth 780 million dollars.
https://www.youtube.com/watch?v=2_cXvkt5Eos
https://www.youtube.com/watch?v=2_cXvkt5Eos
Below statement from Samsung when they started exporting from their Egyptian branch
http://www.samsung.com/eg/news/loca...eif-exports-made-in-egypt-monitors-to-europe/
After their successful experience in Egypt Samsung decided to invest in a new plant and other major companies like LG decided to increase their investment in Egypt
https://dailynewsegypt.com/2017/07/15/home-appliance-companies-start-local-manufacturing/
Major manfacturer Toshiba has a successful experience investment in Egypt with local manufacturer el Arabi group since 30 years , El-Arabi group operates over 6 plants in Egypt in partnership with Toshiba and act as Toshiba main export Base to Africa and Middle east , they also export to European countries .
https://www.youtube.com/watch?v=Zxc_JNfWmds
https://www.youtube.com/watch?v=2QxG4B9J0vM
9) Germany major manufacturer Siemens signed a 9 billion dollar deal to build 3 major gas and wind power plants producing a total of 14400 MW which will increase total electricity production in Egypt by 50%
https://www.youtube.com/watch?v=4zy_PD-Q860
The first plant started operating producing total 4800MW
https://www.youtube.com/watch?v=RrLGmT3idJw
https://www.youtube.com/watch?v=SDqRhL_AV84
The first plant already completed below video .
https://www.youtube.com/watch?v=bfMzEt5qEgE
Below an explanation about the 3 major plants .
https://www.youtube.com/watch?v=A1K9N076Id4
10)
Video below explaining major infrastructure ( roads , ports , schools ,power plants ect and social housing projects )undertaken by the government and private sector , Egypt was able to increase its total road network by 25% .
https://www.youtube.com/watch?v=rw2yHWka1oM&t=3s
https://www.youtube.com/watch?v=SGAE5p-urgU
11) Below is an example of new industrial zones currently being set up in Egypt which concentrates on building zones for small and medium size local businesses to increase Egypt industrial output and reduce unemployment
Leather industrial complex contains 20 factories and 200 workshops to meet Egypt market and export leather products worth 300 million dollars , the project will employ around 15,000 people
https://www.youtube.com/watch?v=c28pU8dsM94
https://www.youtube.com/watch?v=SjGg-kfdieU
Below video about opening of largest furniture manufacturing city in the middle east , the project will empoy 25,000 people and will gather most Egypt furniture local manufacturers in one location .
https://www.youtube.com/watch?v=3SADjwuHVHc&t=153s
https://www.youtube.com/watch?v=CBwCYFXSA2g&t=7275s
https://www.youtube.com/watch?v=3_Azpsa-fo0&t=201s
12) Egypt new capital city currently being built for 6.5 people people .
The video below is the plan for new capital city .
https://www.youtube.com/watch?v=XU-ePo9ETHU
Videos below shows live phases being built within the project .
https://www.youtube.com/watch?v=UYak9IDCGY4
https://www.youtube.com/watch?v=HxM1heP9_HU
The private sector and government are also planning to build major new cities in All Egypt provinces like the following below :
1)
https://www.youtube.com/watch?v=kzetmD6O2Fg
2)
https://www.youtube.com/watch?v=Kl5-oTSKaF0
3)
https://www.youtube.com/watch?v=_b8mjeT4lo0
Below videos from some Social housing projects for poor Egyptians , currently there is a national plan to eliminate slums in all major cities , this is a 20 years projects, the government and private sector has completed over 500,000 housing units ( apartments ) .
https://www.youtube.com/watch?v=KmbGFS42G1U
https://www.youtube.com/watch?v=gcFs5J0jLxE
https://www.youtube.com/watch?v=spgCnJmCA44
What I included here is no more than 10% of what is currently being done in Egypt , this page will not be enough to cover the major projects being completed in all fields whether industry , education , infrastructure , agriculture etc .
The Egyptians are doing well and their government is mainly focused on internal development and the same time they have made major success against terrorism exported and funded by extremist countries like Iran and Qatar . Talbanized muslims whether shia or sunnis do not have the mental capacity to understand what is success except in terms of destruction and killing .
Egypt has excellent relations with both west and east and its in a good position to attract major foreign investments and funding which will further help them in reaching their strategic goals . Egypt now is moving away from backward and extremist Arab and Islamic countries like Syria , Iran , Iraq , Qatar and Algeria these countries have nothing to offer except hatred , terrorism , death and destruction .