The business of war: Egypt, others eye reconstruction bids
Despite lingering security concerns, Egypt is seeking a substantial, lucrative role in rebuilding Syria and Iraq.
CAIRO — The Syrian regime has intensified its call for investors to help rebuild the country, and Egypt is answering. For five months, Syrian officials have met with Egyptian, Chinese, Indian, Russian and Omani investors. Iranian investors and European companies have also expressed interest.
It appears Egypt will be involved in rebuilding both Syria and Iraq. Habib al-Sadr, Iraq’s ambassador in Cairo, announced during his Sept. 2 interview with al-Wafd daily that Egypt will play a significant role in Iraq's recovery process. This followed a Sept. 1 announcement by Haidar al-Nuri, the commercial attache at the Iraqi Embassy in Cairo, of 76 investment opportunities for Egyptian businesses in Iraq.
