Media ININ Economy We Trust
It is been noticeable to the follower of the Egyptian economic situation, the size of the big start and the steps taken on the path to make a qualitative leap in the investment climate that provides an attractive environment that encourages investors to pump their money and start their projects through a vital market has many elements of success.
There is no doubt that the steps taken by the Egyptian Ministry of Investment play a major role in restoring investor confidence towards the Egyptian market, foremost among which is the issuance of the new investment law, which established an integrated system that ensures an attractive investment environment, encouraging and stimulating away from bureaucracy and routine which was an obstacle to investors.
This step followed several steps, including the opening of investors services centers according to the highest standards, to ensure the facilitation of procedures for obtaining the investor’s approvals and permits and licenses necessary for his investment project and the establishment of his company under the investment law on the day of presentation on the service in a sophisticated service center, Licensing procedures and completion of them in record time.
This coincided with the signing of agreements in the field of investment on the activation of the Saudi Egyptian Investment Fund, and the agreement on an executive program for joint cooperation to encourage investment between the General Authority for Investment and Free Zones in Egypt, and the General Authority for Investment in Saudi Arabia.
These agreements emphasize the improvement of the investment climate in Egypt, based on the necessary legislative and institutional reforms, the preparation of an integrated investment map for Egypt, the establishment of new free investment zones and the promotion of transparency and equal opportunities. And the speed of settling their disputes, through easy procedures and simplified steps that push the Egyptian economy to wide horizons to achieve high growth rates to meet aspirations and aspirations.
Rasha El Sharkawy
Editor of MediaIn
