Heiba confirmed that GAFI is implementing a strategy to attract investments into several priority sectors that align with Qatari investment interests. These priorities include industrial sector specifically in chemical and petrochemical industries, automotive manufacturing, and food processing, infrastructure, agriculture, health, and green hydrogen.
Heiba also highlighted the preferential advantages available
through Egypt's various investment regimes, including Free Zones, Investment
Zones, and the Suez Canal Economic Zone.
The GAFI chief noted that Egypt has activated new incentives
and support mechanisms for activities related to the green economy, artificial
intelligence, innovation support, and localizing industry. Furthermore, GAFI
has simplified procedures and set specific timelines for investor services.
Heiba emphasized that Egypt has undertaken significant
reforms to create a favorable climate for attracting more Foreign Direct
Investment (FDI). He stressed the Egyptian government's commitment to empowering
the private sector and increasing its participation in development and job
creation, while also providing mechanisms to resolve any challenges investors
may face.
The QCCI Chairman, Sheikh Khalifa Bin Jassim Al Thani,
affirmed the strong interest of Qatari investors in pursuing ventures in Egypt
and establishing joint projects with Egyptian businesspeople for the mutual
benefit of the two nations.
The two sides agreed to continue their joint cooperation, including exchanging data on investment opportunities targeted by Qatari investors, intensifying technical meetings with Qatari companies, and underlining GAFI's commitment to supporting these companies to expedite the launch and operation of their activities in the Egyptian market.