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GAFI chief highlights human capital investment for sustainable development

June 12, 2026

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Egyptian Gazette
Home Egypt

GAFI chief highlights human capital investment for sustainable development

by Gazette Staff
June 12, 2026
in Egypt, Local
GAFI
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Executive Chairman of the General Authority for Investment and Free Zones (GAFI) Mohamed Awad affirmed that investing in human capital is a main pillar for sustainable economic development and competitiveness, noting that integration between educational and economic institutions is vital to meet labour market requirements.

He gave the remarks during his participation at Badr University for the signing of a strategic partnership between the Egyptian Alliance for Education Company and the National Bank of Egypt, attended by several executive, educational, and banking leaders.

Awad said the Ministry of Investment and Foreign Trade and GAFI prioritise investment in education and human development, pointing out that this partnership reflects a strategic trend to link the educational system with development needs and job creation.

The event was attended by Deputy Prime Minister Hussein Issa, Minister of Planning and Economic Development Ahmed Rostom, National Bank of Egypt Chairman Mohamed el Etreby, and Egyptian Alliance for Education Company CEO Hassan el Kalla.

Kalla expressed pride in the partnership, stating it supports the expansion of high-quality educational projects aligned with state efforts to build human capacities.

At the conclusion, he presented the company plaque to Awad in appreciation of the ministry and GAFI’s role in supporting developmental investments.

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