Prime Minister Moustafa Madbouli stressed that the investment zones system represents one of Egypt’s principal mechanisms for attracting and incentivising both domestic and foreign investment.
During a meeting held on Tuesday with Investment and Foreign Trade Minister Mohamed Farid, the prime minister underscored the importance of promotion campaigns, aimed at showcasing investment opportunities across the country.
Minister Farid presented an overview of the investment zones framework, the regulations governing their establishment, and their competitive advantages. He noted that the zones feature executive offices affiliated with the General Authority for Investment and Free Zones (GAFI), which facilitate the issuance of licences and approvals, thereby streamlining procedures, accelerating operations, and creating a business-friendly environment.
Farid said that the ministry has launched a promotion campaign to raise awareness of investment zones as an integrated investment model that offers a comprehensive business environment for investors. The campaign highlights successful industrial experiences in zones such as Mit Ghamr and Banha, where factories operate across a range of economic sectors, with the aim of supporting their growth, expansion, and export capabilities.
Reviewing the current status of investment zones, Minister Farid said Egypt has 12 operational investment zones across six governorates, hosting 1,277 projects with total investments estimated at LE66.3b and generating around 77,500 job opportunities.
He added that seven additional investment zones are under construction in three governorates within major development areas. These projects are expected to accommodate 214 ventures with cumulative investments estimated at LE4.11trn over 20 years, while creating approximately 1.2 million jobs.
