Aragon continues to expand its presence in foreign markets at a time when, in addition, the community is in the spotlight Investorslike Asians to fix their places and Work from cities such as Zaragos for Southern Europe, as well as in North AfricaThe field of the region with which an increase in business and commercial relations is expected, especially during the implementation Algeziras-Zuragoz railway highwayField
And in this area of the African continent there is Egypt, a country with which Aragon already supports commercial, although shy ties, since The Aragogog community exported 36 million euros for 2024Nevertheless, this is a more potential market, thanks to the population of about 105,200,000 people, according to ICEX, as well as its GDP of 354,057 million euros, which in 2024 increased by 2.4%. Despite this, these are not the simplest countries for doing business, as it takes the 114th place in 190.
To strengthen these connections and open new opportunities for business, several entrepreneurs and clusters of Aragon are a commercial mission in Egypt from the external Aragon, and of which CirceMercier, Automotive and Mobility Cluster of Aragon (Caar), Technara, Integra, Spark and Electronics Ara.
The mission will last to Wednesday, the date until several actions are completed, such as contacts with representatives of the Egyptian government and the Embassy of Spain in the country, as well as with the main operators of strategic sectors and leading companies in the industrial and technological sector and local companies. The meeting will also take place in the ICEX office in Cairo to find out this market and take part in TIDE Summit-Technology integration for digital evolution With the presence of Vice President Aragon Mar -Wakero, at the round table “Related economies: investment opportunities in Egypt and Spain”, among other carriers of Aragon, to also solve innovations and digital transformations for sustainability.
The goal is to strengthen these commercial connections and find out the possibilities that open before them in this market that Offers the potential, for example, industrial, technological, agronomist products and consumer goodsField
They are not the only ones. Since 2016, In Egypt, megaprojects are moving In order to support the country’s economic development, such as the expansion of the Suez Canal and the industrial development of this area, the construction of centers for servicing ships, the development of a gold triangle or northern coast in tourist matters.
To all this, you can add a project with a half millions of Feddanov to expand the country’s agricultural zone and investment in Modernize infrastructure Already existing, with the capabilities for sectors of investment goods, construction work and public works, ICT, sanitary equipment, hotel material, railway transport, renewable energy sources and consumer goods that are added in the field of key activity in their economy: energy (oil and gas), agriculture and services.
More potential relations for Aragon
Aragon and Egypt have the opportunity to improve their commercial relations, especially in the case of an aragated community, which in 2024 sales in the African country a little more than 36 million euros, of which the majority are concentrated in Zaragos, with more than 34 million. For the most part, Cars, tractors and other ground vehicles were sold in the African countryAs well as nuclear reactors, boilers, machines, devices and mechanical artifacts.
Materials from other sectors, such as paper and pulp paste, as well as inorganic chemicals, inorganic or organic metal prices, as well as rare -earth metals and isotopic metals. And animal products are not absent.
However, Aragon imports slightly exceeding 85 million euros in 2024The field of Zaragoz, with almost 83 million, brought purchases to Egypt, a country in which, first of all, animal products, vegetables, root plants and edible tubers and fertilizers were purchased, which concentrate one of the largest games, along with clothing and accessories.
According to customs data, other products from the plastic sector and its production, glass and metal production were also imported from Aragon, among other products.
