11 advantages of Sisi's decision regarding the formation of the “Supreme Investment Council”

President Abdel Fattah El-Sisi issued a decision to form the Supreme Investment Council.

Al-Sisi’s decision is an important start for structuring and controlling the business climate, to encourage building a production base that achieves increased competitiveness, and reduces the import gap by localizing strategic industries.

President Abdel Fattah El-Sisi's leadership of the Supreme Investment Council removes obstacles, eliminates bureaucracy, and works to attract capital.

Importance of Formation of the Supreme Investment Council

- Completes the priority to support the business community and give them an impetus towards injecting more productive activities to meet the needs of the local market.

- Transforming Egypt into a regional industrial center in the Middle East and Africa, by setting and developing policies that help attract capital in light of the elements of the unique geographical location of Egypt and the promising opportunities we possess.

- Resolving disputes and entanglements that may arise between state agencies in the field of investment, as well as achieving achievement and setting visions to facilitate businessmen and manufacturers in injecting more projects.

- Target of reaching Egyptian exports to 100 billion dollars annually, especially in light of the efforts made by the state to push for an advanced infrastructure capable of absorbing productive projects.

- support of the business community in order to advance the productive sectors and increase their efficiency as they are the locomotive of economic development.

- Facilitating all procedures and granting the golden license, which reflects his desire to lead an integrated map of change to develop productive sectors, and reach a diversified and more competitive economy.

- The decision to form the Supreme Investment Council means starting to reform the industrial and agricultural sector in general, especially with what the whole world is suffering from a major economic crisis.

- It will be the first gateway to solve all investment problems and confront bureaucracy.

- An important step to attract capital and reassure the local and foreign investor.

- The decision encourages capital and businessmen and enhances the business climate in front of investors, and this will have a positive impact on the overall economy and increase growth rates, which contributes to increasing the domestic national product and thus increasing national income and thus increasing job and employment opportunities and eliminating unemployment and then lowering prices.

- The republican decision to form the Supreme Investment Council came at an appropriate time to contribute to attracting foreign and local investments.