10 advantages attracting the investors to Egypt

The Egyptian government is moving intensively in the industrialization and investment file.

The Egyptian Prime Minister, Dr. Mostafa Madbouly, revealed that his country is taking vigorous steps to overcome the various obstacles and challenges facing the industrial sector.

The government is working to simplify procedures to encourage existing and new industrial investments

There are 10 reasons that enhance the gains of investors in the Egyptian market by working in many sectors.

1-    Availability of cheap labor.

2-    The huge infrastructure that the Egyptian state has worked on over the past years, and this infrastructure has become capable of absorbing investments worth hundreds of billions of dollars.

3-    The distinguished geographical location that connects Egypt to 3 continents.

4-     Presence of ports in more than one region inside Egypt, which allows the investor to export at the lowest possible cost.

5-    The announcement by the Egyptian presidency of support, encouragement and facilities for investors has reached the point of dealing directly with the largest institutions in Egypt.

6-    The Egyptian market is one of the most consumer markets in the region, and this is another advantage that investors are looking for.

7-    The government encourages existing and new industrial investments

8-    Facilitating procedures for obtaining industrial licenses.

9-    Activating the industrial investment map as a platform for allocating industrial lands nationwide

10-   The security and stability that Egypt has been witnessing during the last period has become a great advantage in light of the tensions that the world is witnessing that impede the work of investors.

During the fiscal year 2021/2022, foreign investment inflows to Egypt rose again, recording about $8.9 billion.

The total proceeds during the past ten years amounted to about 67.81 billion dollars.