Egypt’s Prime Minister Moustafa Madbouli asserted the importance of working on attracting new foreign investments and working on solving any problem facing the current investors to encourage other investors.
Madbouli said that the state provided unprecedented incentives in the past period especially for the industrial investors within the framework of the efforts exerted to localize and strengthen industry.
This came during Madbouli’s meeting Executive President of the General Authority of Free Zones and Investment (GAFI) Hossam Heiba to review promotional efforts to attract foreign investment to Egypt.
Meanwhile, Heiba asserted that GAFI has put a work plan that is up to the new changes and investment challenges.
There are several strategic targets to promote for foreign investment including attracting new foreign companies, improving the mental image on investment in Egypt, promoting investment opportunities in the targeted sector in addition to boosting investment relations with business communities and economic institutions.
There are 1,250 investment opportunities on the investment map, Heiba said.
Cabinet Spokesman Sameh el Kheshen said that the meeting tackled axes and foreign promotional campaigns of GAFI which included holding bilateral meetings with the targeted companies and organizing workshop forum and round tables for the targeted companies and business communities in addition to holding meetings with the officials in the economic institutions and international governmental bodies to boost investment ties.
The meeting also tackled the results of the visits paid to a number of countries and effective participation in the different events, the spokesman said.