Egypt’s Prime Minister Mostafa Madbouli has stressed the importance of the presence of new clear criteria for projects that require new investment incentives, especially in central business zones.
Madbouli’s statements came during a meeting at the government premises in New Alamein Sunday to review a proposed package of fresh investment incentives.
The meeting was attended by President of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba who said he held meetings with Minister of Housing Utilities and New Urban Communities Assem El Gazzar to draw up new visions for investments.
Heba added the planned new incentives were welcome news for local and foreign investors alike.
