Mr. Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), held a meeting with Eng. Ehab Ibrahim, Regional Director of the Singapore-based company “Meinhardt”, in the presence of Dr. Sherif Hazem Mansour, Engineering Advisor to the Minister of Finance. The meeting comes as part of GAFI’s efforts to strengthen cooperation with major international companies and attract high-value investments in Egypt’s tourism sector.
During the meeting, the two sides discussed potential partnership opportunities for developing new tourism projects that capitalize on Egypt’s unique natural assets and its strategic location as a leading global tourist destination. They also reviewed the incentives and facilitations offered by the state to investors, which support the expansion of investments in this vital sector.
Mr. Heiba affirmed GAFI’s readiness to provide all necessary support and streamline procedures for investors, highlighting the state’s commitment to attracting high-quality investments that enhance the efficiency of the tourism sector, promote sustainable development, and expand the role of the private sector in implementing projects with significant economic and developmental impact.
Eng. Ehab Ibrahim, Regional Director of Meinhardt, stated that the company is continuing its expansion in the Egyptian market due to the promising opportunities Egypt offers for investment and growth across various sectors. He emphasized that Egypt serves as a strategic gateway to other African markets, noting the positive developments in the investment climate that encourage the injection of further investments in the coming period.
GAFI continues to hold regular meetings with representatives of local and international companies, in line with the state’s commitment to developing the investment environment and supporting priority sectors—most notably tourism, industry, renewable energy, and technology.
