CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Monday signing of first contract between ElSewedy Industrial Development and Polish investor as first Polish investment in frozen food industries reflects growing foreign investor confidence in Egypt’s investment climate.
GAFI head stated that this partnership embodies the State’s success in attracting value-added industrial investments, especially in advanced export sectors.
GAFI hosted the signing ceremony for an industrial land sale contract in 10th of Ramadan City, marking the entry of the first Polish investor into ElSewedy’s industrial projects within the frozen food sector.
Polish ambassador to Egypt Michał Murkociński and CEO of Elsewedy Electric Ahmed Elsewedy took part in the event, alongside leadership from two sides.
