20 advantages that motivate you to invest in Egypt.. What are they?
If you are looking for success and a successful investment? If you want a safe project and a safe country, welcome to Egypt, a country of safety and security... a country of skilled labor in all fields.
Egypt is one of the countries that has the most advantages that make it unique from others and save you from thinking about starting your investment in any other country. Here are twenty main reasons that encourage you to start a successful and strong investment in Egypt: -
1. Egypt has the second largest investment return in the world, which confirms the importance of the Egyptian market as one of the most important investment destinations at the regional and international levels.
2. Egypt is a safe haven for foreign investors looking for alternative investment opportunities in emerging markets that are not related to exports to countries affected by the global economic slowdown.
3. Egypt is considered one of the first countries in the world to launch a sustainable development strategy: Egypt Vision 2030, which stipulates that Egypt will be among the top 30 countries in the world in terms of income, human development, combating corruption, market competitiveness, and quality of life, thus creating a successful investment atmosphere and life. Generous per person.
4. Egypt’s distinguished geographical location, which allows you to import and export through its land and sea ports smoothly.
5. The Egyptian market is one of the most important and huge consumer markets, especially since you are targeting more than 91 million Egyptian consumers with your investment. Egypt is classified as the most populous in Africa and the Middle East. Which guarantees you profit.
6. Egypt has many trade agreements with a number of important economic groups and blocs, most notably the European Union, the Arab countries, and the Mercsior, as well as the East African countries, which include 26 African countries, in addition to the QIZ, which opens the field of export for your investment in many diverse markets - which the number of its consumers exceeds 1.5 billion people.
7. Egypt has a skilled and trained workforce in large numbers in all fields. Egypt has been classified as the largest in the Arab region for many decades. Indeed, Egypt is considered a major regional source of skilled workforce. Which guarantees you an excellent investment.
8. Egypt has a large number of specialized industrial zones spread throughout the republic.
9. Egypt is currently preparing to implement many national projects, not only in Cairo but throughout the Republic. Wherever you want to start your investment, your investment is welcome, whether it is a small, medium, or huge project.
10. Egypt is a leader in some fields that require high skills from its workers, which are service-based sectors such as communications, information technology, financial services, and tourism.
11. Wages in Egypt - in most leading sectors - are highly competitive and more stable than wage levels in any other country.
12. The tax rate in Egypt on companies is only 22.5%, and this rate is small compared to other countries. It also has a unit trained at the highest level in the Tax Authority whose primary goal is to facilitate dealing with taxpayer investors from different companies and provide the best services in the fastest time.
13. Egypt also has world-class infrastructure, having three independent mobile networks covering nearly 100% of its territory.
14. Egypt has 15 commercial ports to serve exporters and importers alike. Egypt also has a huge road network reaching 108,784 km, a railway network reaching 9,570 km, and 20 airports.
15. Egypt provides competitive prices for electricity, water and gas in addition to the abundance of natural resources that can easily meet the needs of agricultural, industrial and mining activities.
16. Egypt has an investment law that allows all investments to be treated fairly and equitably and equally among all local and foreign investors.
17. Egyptian law obliges the state to respect and enforce the contracts it concludes, and stresses that investments made based on fraud, fraud, or corruption do not enjoy any protection, which creates a fair and successful investment for you.
18. The Egyptian economy is considered one of the most pluralistic economic systems in the Middle East and North Africa, as the Egyptian economy has become more powerful, especially after it witnessed clear growth in several sectors. Which helped ensure prosperity for all sectors for a longer period.
19. The Egyptian government established a sovereign fund to act as an investment vessel; To stimulate diversity and support sustainable economic and social development through a system of maximizing returns on the state’s assets and wealth while encouraging private sector participation.
20. The Egyptian government is working to establish an integrated information system for national planning, monitoring and evaluation, which will achieve a set of results, most notably following up on the detailed performance of state projects and assets, raising the efficiency of planning decisions, increasing the efficiency of public spending, maximizing the value added to the uses of state lands, and creating information bases. It allows the acceleration of real estate registration projects, and raises Egypt’s ranking in international indicators related to the ease of doing business.