For supporting the development projects.. Grant golden license for 13 companies

The golden license is a new experience that reflects a completely different stage in terms of improving the investment environment by exceeding the usual long time periods for obtaining licenses to start projects.

For supporting the development projects.. Grant golden license for 13 companies
golden license

The General Authority for Investment and Free Zones held a ceremony on the occasion of handing over the golden license to 13 companies.

Hossam Hiba, CEO of the General Authority for Investment and Free Zones, said that among those companies are 9 companies that were granted the golden license last December and 4 other companies were granted the license a week ago.

This comes within the framework of the state's efforts to provide more facilities and incentives, to encourage companies and local or foreign investors to expedite the implementation of various development projects worthy of obtaining golden licenses.

Activities of the production companies

the smart golden license card was handed over, During the ceremony, The activities of the production companies that obtained the golden license, varied between a number of fields, as they included the industrial, medical, food, agricultural, construction and technological fields.

Haiba confirmed, that the golden license is a new experience that reflects a completely different stage in terms of improving the investment environment by exceeding the usual long time periods for obtaining licenses to start projects.

Haiba add, the experience of the golden license has become a general direction, for the state and the Investment Authority to make it easier for investors, and work will be done to reduce the period of obtaining it during the coming period.

The importance of golden license

The golden license is considered as one approval for the establishment, operation and management of the project, including building permits, and allocating the necessary real estate for it.

The golden license granted to companies that establish strategic or national projects that contribute to achieving sustainable development in accordance with the state's economic development plan.

The golden license granted to the Companies that establish partnership projects between the private sector and the state, the public sector, or the public business sector.

The golden license granted to the Companies that establish activities of (public utilities and infrastructure - new and renewable energy - roads and transportation - ports - communications and information technology).