Bank of Canada cuts policy rate by 50bps as inflation back around 2% target    Egypt's Finance Minister advocates for innovative financing to alleviate Africa's debt burden    GAFI, World Bank discuss Egypt's 2025-2030 FDI Strategy    Egyptian FM meets with Russian, Brazilian counterparts on BRICS Summit Margins    Israel intensifies attacks on Lebanon, Gaza    Egypt, Niger discuss cooperation in health sector    Putin proposes new BRICS investment platform    Orascom Development Keys of Life: New notions of home transforming future communities    Egypt's Sisi proposes local currency settlements at BRICS Summit    EGP slips aganist USD at Wednesday's close    Egypt's imports from BRICS countries surge 17% in 8m    Sisi lauds Egypt's comprehensive cooperation with Russia    Israeli genocide continues in northern Gaza: Palestinian PM    VACSERA contracts Bilthoven for polio vaccine manufacturing technology    Luxor Museum to host exhibition on 19th century antiquities inspection tours    Egypt, World Bank collaborate on Greater Cairo Air Pollution Management and Climate Change Project    Nourhan Kamal Wins 2024 Helmi Sharawy Award for African Studies    Egypt observes Intl. E-waste Day, highlights recycling efforts    Egypt's military capabilities sufficient to defend country: Al-Sisi    Al-Sisi emphasises water security is Egypt's top priority amid Nile River concerns    Cairo Opera House hosts grand opening of Arab Music Festival, Conference    Downtown Cairo hosts 4th edition of CIAD Art Festival    Grand Egyptian Museum ready for partial trial run on October 16: PM    Colombia unveils $40b investment plan for climate transition    Egypt's Endowments Ministry allocates EGP50m in interest-free loans    Kabaddi: Ancient Indian sport gaining popularity in Egypt    Ecuador's drought forces further power cuts    Al-Sisi orders sports system overhaul after Paris Olympics    Basketball Africa League Future Pros returns for 2nd season    Egypt joins Africa's FEDA    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Paris Olympics opening draws record viewers    Who leads the economic portfolios in Egypt's new Cabinet?    Financial literacy becomes extremely important – EGX official    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



GAFI, World Bank discuss Egypt's 2025-2030 FDI Strategy
Published in Daily News Egypt on 23 - 10 - 2024

The General Authority for Investment and Free Zones (GAFI) hosted a comprehensive workshop to discuss the strategic directions document, which serves as a roadmap for developing the 2025-2030 foreign direct investment (FDI) strategy.
According to a statement from GAFI, this workshop aligns with the implementation of decisions from the Supreme Council for Investment, leveraging support from the World Bank Group to establish a collaborative vision and a clear strategy for FDI in Egypt. It is also part of ongoing efforts to improve the investment climate in Egypt and prioritize investment sectors that promote sustainable development.
Dalia El-Hawary, Deputy CEO of the General Authority for Investment and Free Zones, stated: "The current period is ideal for working on this strategy. Significant changes at the international level compel us to act methodically and effectively, and we will have a clear framework involving all relevant stakeholders, both sectoral and non-sectoral, to develop a cohesive plan that ensures the achievement of economically sustainable development goals."
She added: "What sets this strategy apart is our commitment to a clear, data-driven approach in identifying priority sectors based on data and analysis. We aim to maximize the benefits of FDI in line with national priorities, which will allow us to utilize resources more efficiently and enhance our competitiveness on the global stage."
El-Hawary concluded: "We look forward to turning this vision into a tangible reality that contributes to developing Egypt's investment environment and supports the state's development objectives."


Clic here to read the story from its source.