Ober is looking to expand its investments in Egypt by $ 100 million

Media In – Cairo – 9 January 2019
Minister of Investment and International Cooperation Dr. Tariq Nasr and Tony West, Senior Vice President of US company Ober, discussed the expansion of Ober’s operations in Egypt as part of the Ober investment plan to inject $ 100 million over the next five years in Egypt. “He said.
Dr. Sahar Nasr stressed the Ministry’s support to all companies investing in Egypt to expand its activities, pointing to the State’s plan to increase investments that provide job opportunities and offer good service at a reasonable price to citizens. , To provide a safe service for citizens and state tax revenue.
Tony West praised the improvement of the investment climate in Egypt and the facilitation offered by the government to companies engaged in the field of participatory transport through investment laws and regulation of land transport services for passengers using information technology.
He explained that Ober’s keenness to expand its activities in Egypt comes within the framework of the attractive environment for investment. The company has in the last two years opened the Ober Center for Excellence Service in Cairo, the first in the Middle East, And contributed to the provision of 600 jobs in 2017, and training the staff of the center on various skills to develop their performance, and then the company chose Cairo to be the first city in the world launch of its new service, “Ober Bus” in 2018