■ Dr. Mohamed Farid:
With the efforts of GAFI's leadership, we will work to improve the reality of investment in Egypt for the better.
Improving the investor experience is fundamental to enhancing our ability to attract investment and boost the competitiveness of our economy.
Digital integration to ensure coordination and consistency among the Ministry's entities, improving the investment environment and simplifying procedures.
Updating the investment map and linking it to investors' needs provides ready and high-quality investment opportunities.
Developing and qualifying human resources and strengthening responsiveness to investors' complaints are among the priorities.
Facilitation, protection, and promotion are key pillars for improving the investment climate and enhancing competitiveness.
Dr. Mohamed Awad:
We are working as one team, ensuring coordination across all sectors and departments of GAFI to regulate procedures.
We are working to simplify and unify procedures and reduce the time required to obtain services.
Enhancing the efficiency of the electronic system and expanding digital solutions.
Improving the capabilities of human resources, strengthening communication channels with investors, and developing mechanisms for handling complaints.
As part of the state's ongoing efforts to improve the investment climate and enhance the competitiveness of the Egyptian economy, Dr. Mohamed Farid, Minister of Investment and Foreign Trade, held an expanded meeting with Dr. Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), in the presence of GAFI's senior officials. The meeting aimed to discuss priorities for the upcoming phase and follow up on operational files and services provided to investors.
The Minister began the meeting by congratulating Dr. Mohamed Awad on assuming leadership of GAFI, wishing him success in his new role. He emphasized that the coming phase requires unified efforts and teamwork, stating: “With the efforts of GAFI's leadership, we will strive to improve the reality of investment in Egypt."
The Minister stressed that developing the investor experience is a top priority at this stage, as it enhances Egypt's ability to attract investments and improve economic competitiveness. He highlighted the need to accelerate the development of services and simplify procedures across all stages of incorporation and operation.
He explained that efforts are focused on streamlining procedures within GAFI and ensuring integration and coordination among its various sectors, contributing to more efficient and faster services while eliminating unnecessary complications facing investors.
The Minister directed action along several integrated axes, foremost among them accelerating full digital transformation and enhancing the efficiency of electronic systems, alongside achieving electronic linkage among all investor service entities to ensure simplified procedures, unified service pathways, and stronger governance.
He also emphasized the importance of clearly distinguishing between services provided to investors—considered a fundamental right that must be delivered efficiently—and the regulatory role aimed at ensuring discipline and stability in the market, thereby guaranteeing a balanced and supportive investment environment.
The Minister further stressed the need to develop mechanisms for handling investors' complaints and inquiries more quickly and effectively, alongside launching an effective investment promotion strategy targeting high-quality investments in priority sectors that support sustainable economic growth.
In this context, he highlighted the importance of continuously developing the investment map and linking it to investors' needs to ensure the offering of ready investment opportunities that reflect the true potential of the Egyptian economy.
For his part, Dr. Mohamed Awad, GAFI CEO, welcomed GAFI personnel and emphasized the importance of working as one team and ensuring full coordination among all sectors and departments to regulate procedures and move forward according to a clear executive plan aimed at improving the investor experience and accelerating processes.
He explained that efforts will focus on simplifying and unifying procedures and reducing service delivery time, alongside enhancing the efficiency of electronic systems and expanding digital solutions, which will positively impact service quality and accuracy.
He also noted the importance of strengthening communication channels with investors and developing mechanisms for handling inquiries and complaints, while improving human resource capabilities to enhance overall performance.
He added that GAFI will continue developing the investment map and linking it to market needs, while intensifying investment promotion efforts to attract high-quality investments that support economic growth.
This meeting comes within the framework of ongoing coordination and follow-up between the Ministry and GAFI to ensure integration of efforts aimed at developing the investment environment and strengthening the business community's confidence in the Egyptian economy.
