Egypt and Japan explore deeper investment ties in urban development
Cairo, Egypt – Egypt’s Minister of Housing, Utilities, and Urban Communities, Engineer Sherif El-Sherbiny, welcomed Mr. Yukio Kanazawa, CEO of Japan’s Titan Capital—an esteemed real estate investment company—along with his delegation, for high-level talks aimed at expanding cooperation in real estate development and the localization of advanced technologies in Egypt.
Senior ministry officials and representatives of the New Urban Communities Authority also attended the meeting.
Minister El-Sherbiny began by warmly receiving Mr. Kanazawa, emphasizing the strong and longstanding relations between Egypt and Japan. He reaffirmed Egypt’s commitment, through the Ministry of Housing, to boost collaboration with Japanese companies and investors, offering comprehensive support to maximize mutual interests.
Highlighting the Egyptian government’s drive to empower both local and international private sector partners, Minister El-Sherbiny discussed the array of investment opportunities available across Egypt’s integrated urban projects, service infrastructure, tourism, and hospitality sectors—particularly in the country’s rapidly growing new cities. He also pinpointed future cooperation opportunities in vital areas like the localization of infrastructure equipment manufacturing, desalination technology, and large-scale maintenance of utilities across the nation.
Minister El-Sherbiny underscored Egypt’s strategic focus on expanding seawater desalination plants and indicated the government’s openness to working with Japanese partners in these areas, which are crucial given rising demands in key regions.
Mr. Kanazawa expressed his gratitude to the Minister for the warm reception and the Egyptian government’s openness to international investors. He highlighted Egypt’s remarkable progress in urban development, smart new cities, and modern road networks—assets he described as among the most advanced in the region.
Mr. Kanazawa lauded the Egyptian Ministry of Housing’s visionary approach, which he believes fosters a safe and attractive investment climate, adding his optimism for expanding Titan Capital’s partnerships in Egypt to contribute to projects that benefit both the Egyptian people and the national economy.
Mr. Kanazawa also praised the notable improvements in Egypt’s investment climate, citing facilitating procedures, clear policies, and a strong political will to position Egypt as a regional hub for investment and real estate development.
“As Titan Capital, we believe in the great potential of the Egyptian market,” Mr. Kanazawa stated, adding that the company intends to inject new investments in housing and urban development sectors and to build strategic long-term partnerships with Egyptian government bodies, primarily the Ministry of Housing.
During the meeting, the delegation reviewed Titan Capital’s core activities in real estate development and building rehabilitation in Japan, as well as the company's plans to venture into new international markets.
In closing, Minister El-Sherbiny directed his team to organize joint coordination meetings and workshops with Titan Capital to present available investment opportunities and to take concrete steps towards deepening cooperation between Egypt and Japanese partners.