GAFI CEO Counselor Mohamed Abdel Wahab and the delegation of Federation of Indian Chambers of Commerce and Industry "FICCI", in the presence of representatives of major Indian companies operating
in Egypt, discussed investment expansion plans and pumping new Indian investments into Egypt.
GAFI CEO reviewed the key investment opportunities available on the Investment Map of Egypt in priority sectors. He urged the Indian delegation to inspect these opportunities on the ground, stressing the government’s interest in attracting more Indian investments in high-value-added strategic fields; such as, green hydrogen and green ammonia industries; telecommunications and Information technology;
engineering industries; spinning and weaving; and chemicals to benefit from Indian expertise and technology in such fields.
GAFI CEO discussed with the Indian side the expansion plans of the most prominent Indian companies operating in Egypt, on top of which are "TCI Sanmar" and "Flex Films", the two pioneers in the field of chemical industries, which represent a model for success stories of Indian investment in Egypt. The two companies have huge expansions and they plan to increase their exports to countries around the world, which gives a positive image of the investment climate in Egypt.
The delegation of FICCI praised the reforms taken by Egypt to support the investment climate and the pivotal role of GAFI in facilitating the procedures of incorporating companies and providing various investment services through Investor Service Centers “ISCs”.
