1

General Indicator
Population

Average 90 Million.

Net International Reserves

Annual General Inflation Rate

9.21% in Sep. 2015

Net Foreign Direct Investments

USD 16.3 Billion by the end of Sep.

2015

2014/15: recorded USD 6.4

Billion
FY 2013/14 recorded USD 4.1
Billion
FY 2012/13: USD 3.8 Billion

Why Egypt
1.Central Location with Strategic Trade Agreements.
2. Access to a Large Consumed Base in Egypt and
Beyond.
3. Diversified Growing Economy.
4. Qualified and Competitive Labor Force.
5. Improving Infrastructure.
6. Reformist Investment Climate.
7. An Economy that is Resilient to External and Internal
Shocks.
8. Dynamic Business Environment more Reliant on
Private Investments
9. Abundance
in Natural Resources.
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A business environment favourable to

investment
Investor
Protection
Protection

52
52 Double
Double Tax
Tax Avoidance
Avoidance Agreements.
Agreements.
111
111 Investment
Investment Protection
Protection Agreements.
Agreements.
Member
Member of
of OECD
OECD Investment
Investment
Committee.
Committee.
5
5 main
main investor
investor protection
protection schemes
schemes
endorsed
endorsed by
by GAFI.
GAFI.
Member
Member of
of MIGA
MIGA (Multilateral
(Multilateral Investment
Investment
Guarantee
Guarantee Agency).
Agency).

Legal
Legal Reforms

A
A stimulus
stimulus package
package introduced
introduced by
by The
The
Ministry
Ministry of
of Industry
Industry to
to facilitate
facilitate
investments
investments in
in the
the industrial
industrial sector.
sector.
Lifting
Lifting the
the security
security approval
approval requirement
requirement
for
for media
media companies.
companies.
Processing
Processing reforms
reforms related
related to
to the
the technical
technical
operations
operations at
at GAFI`s
GAFI`s one
one stop
stop shop.
shop.

A business environment favourable to

investment
Issuance of law 32/2014:

Legal
Legal Reforms
Reforms

That reinforces the legal standing of

past contracts with the state, a law
that limits appeals/challenges to
contracts between the government
and investors to the parties involved
only.
The law should limit the impact of the
recent
issues
of
some
earlier
privatized companies.

A business environment favourable to

investment

Legal
Legal Reforms
Reforms
&
Economic
Economic
Reforms
Reforms

Tax Policy Reforms

The Government of Egypt (GoE) has
introduced real estate taxes, dividends
taxes, capital gains taxes, and a new
VAT is expected to replace the general
sales taxes, all to widen the tax base
Energy Reforms
The GoE embarked on a
comprehensive reform plan including
energy products price (subsidy)
reforms, an increase in electricity tariff
in accordance to a plan for 5 years
that is communicated to the public,
and developing the regulatory
infrastructure to increase the share of
renewable in the energy mix.

A business environment favourable to

investment
Enforcing Contracts
The Egyptian government made
enforcing contracts easier by creating
commercial courts which was
established by Law No. 120 of 2008.
Procedures
Procedures
Reforms
Reforms

The Egyptian government is working on

some reform measures in this indicator
for example:
Identifying specific deadlines for the
judicial procedures.
Drafting a law for mediation.
Full Automation for the courts and
linking them to a single network.

GDP Growth Rate

real growth rate planned for 5%
2015/2016 comparing with the
expected rate in 2014/2015

Expected
2014/2015

Increased confidence in
Egypts economy shown
by the gradual pick up
in real economic growth
rates in the first nine
months
(July-march)
2014/2015
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5.00%
4.50%
4.00%
3.50%
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%
1.60%
First nine months (March-July)2013/2014

Targeted
2015/201
6

4.70%

Net Foreign Direct Investments in

Egypt
USD
Billion

Source: Central Bank of Egypt

9

Ambitious Landmark Projects

1- New Suez Canal Project.
2- Suez Canal Regional Development
3- The Northwest Coast Development
4- Golden Triangle
5- Cairo Airport city
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Thank you for your attention

amohamed@investment.go
v.eg
www.gafi.org.eg
Akram Emara
General Authority for Investment & Free
Zones
Promotion Sector