The United Nations Industrial Development Organization (UNIDO) and the Union of Arab Chambers (UAC) have agreed to establish centers for entrepreneurship in Arab countries that would be sponsored by the private sector, Secretary General of the UAC Khaled Hanafy announced.
Egypt has been chosen as a major center for the project, aiming to achieve sustainable development goals in the Arab world, he added.
Following his meeting in Bahrain with head of the UNIDO Investment and Technology Promotion Office (ITPO) and Director of the Arab Regional Centre for Entrepreneurship and Investment Training (ARCEIT) Hashim Sulaiman Hussain, Hanafy said that the establishment of entrepreneurship centers in Arab countries was an initiative by the UAC to help create job opportunities, and tackle unemployment rates.
Hanafy is heading to China to negotiate with the president of the Silk Road Economic Belt project and the South-South Cooperation project, aiming for Arab inclusion on the map of business initiatives of the two projects.
He will also participate in the World Youth Congress to be held in Shenzhen, China, and deliver a speech on the role of the UAC in entrepreneurship projects.
Edited translation from Al-Masry Al-Youm