Speaking at the FIC, Heiba stressed that traditional development models were no longer sufficient for Egypt's Vision 2030.
He highlighted key sectors with strong government support,
including renewable energy, green hydrogen, and the automotive industry. Other
priority areas are household appliances, tourism, education, healthcare, and information
and communication technology, all of which have seen significant investment in
recent years.
Heiba also noted Egypt's focus on digital transformation,
with billions of pounds invested in enhancing fiber optic and 5G networks. This
has fueled growth in fast-moving sectors like fintech and enabled GAFI to offer
digital services for business establishment, saving investors time and money.
He concluded that cooperation between the Global North and South would be achieved by creating bankable investment opportunities in low-risk environments, making emerging economies a strategic choice for investors.