The meeting was attended by senior executives from both sides, including Engineer Mohamed Shawky, Director of the Electricity Business Line at El Sewedy Electrometer, and Hisham Shaker, Director of Financial Planning. Representing GAFI were Yasser Abbas, Deputy CEO; Engineer Essam Behery, Head of the Free Zones Sector; and Ayman El-Sheriey, Head of the Central Administration for Free Zones.
Discussions focused on balancing the company’s export
targets with its domestic market supply. Key highlights included exploring new investments
under the Inland Investment system to better serve the local market, and supporting
national manufacturing and reducing reliance on imports to align with Egypt’s
industrial strategy.
Engineer Emad El Sewedy announced that 2026 is a year of
growth for the firm, noting that the company has successfully breached European
markets, specifically Spain and the Czech Republic, by meeting rigorous EU
technical standards.
Engineer Mohamed El-Gousky reaffirmed GAFI’s commitment to
resolving investor hurdles, stating that the Authority, under the umbrella of
the Ministry of Investment and Foreign Trade, aims to provide maximum
transparency to foster investor confidence.
"We are working to achieve a balance between attracting
foreign investment and protecting the national economy by empowering local
industrial leaders," El-Gousky stated.
This meeting aligns with Egypt Vision 2030, focusing on the pivotal role of Free Zones in driving exports, creating jobs, and ensuring sustainable economic development through private-sector partnerships.