The cabinet also reviewed proposals for 52 regional and Egyptian Projects which Egypt present to prospective investors during the conference. In the meantime, a committee representing businessmen s associations has been formed to help coordinate efforts to make the most of the conference. According to the committee s Deputy Chairman Abdel-Moneim Soudy, the committee aims to maximise the private sector s role in the conference by pooling their resources cooperating with the Ministry of Foreign Affairs, which is responsible for organizing the conference, and promoting the event abroad by inviting international associations to attend. In addition, business representatives will prepare and present a number of project feasibility studies which could interest foreign investors attending the conference, The committee will also organize a number of seminars and conferences prior to the summit to market the event. This event is designed to develop partnership and promote cooperation between Egyptian and European businesses.
Egyptian companies upgrade their performance to reach international levels.
Detailed company profiles and business proposals will be circulated among participants to enable companies to identify prospective business partners. This information will also be fed into a data bank on the Internet where it will be available to anyone who has the service. And while Egyptian cotton farmers see only a small percentage of this profit , they rely heavily on the export of this cash crop for their yearly revenue. As a result, come harvest -time , the whole family turns out to help pick the crop. During the school holidays, Children of all ages work alongside their parents and neighbours to gather the cotton and, as proven necessary over the past few years, wage an all-out war against the boll worms that threaten to destroy the crop.