GAFI holds meeting with World Bank to discuss means of improving investment climate

Daily News Egypt
1 Min Read

The chairperson of the General Authority for Investment and Free Zones (GAFI), Mohamed Khodair, met with a World Bank delegation headed by the director of Trade and Competitiveness in the Middle East and North Africa, André Makhanif, in the presence of GAFI vice chairperson Mona Zobaa

In the meeting they discussed the actions taken in order to renovate the investment services complex through the development of an electronic automated system to establish new companies, as well as the electronic archiving programme being implemented by GAFI to upgrade services and technical support necessary to raise workers’ skills and capabilities.

“We discussed ways to enhance cooperation with the World Bank in improving the investment climate and the actions taken by the Ministry of Investments and GAFI in this matter,” Khodair said.

He added: “The government and the political leadership are prioritising the improvement of Egypt’s investment climate and attracting foreign investments, by working closely with all stakeholders to identify obstacles facing investors so as to resolve these issues.”

Khodair also met with a delegation of telecom companies and Moroccan businessmen who are interested in investment in the sectors of telecommunications and information technology in Egypt.

 

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