Occupancy rates in the two zones reached 100% after Cabinet's approval to grant more facilities and incentives to investors
In light of Prime Minister Dr. Mustafa Madbouly's directives to take all measures aimed at supporting investors and facilitating their business in various governorates, Counselor Mohamed Abdel Wahab, the Chief Executive Officer of the General Authority for Investment and Free Zones (“GAFI CEO”) visited Benha and Mit Ghamr Investment Zones to check on projects progress and follow up on increasing their productivity.
In Benha Investment Zone, Abdel Wahab visited a number of enterprises engaged in agricultural crops and foodstuff business and met many investors to whom he offered support in course of facilitating the productivity of their projects.
He stressed that GAFI has taken all necessary measures to develop the existing investment zones, in addition to completing the establishment of new investment zones, which contributes to increasing investment opportunities in various governorates of Egypt.
In Mit Ghamr Investment Zone, GAFI CEO followed up on the workflow of all units which operate in the fields of metal forming; engineering industries; manufacturing of flashlights; aluminum forming; paper trading and cutting; plastic products and sanitary ware; manufacturing equipment of ice production lines; display refrigerators; coolers; and assembling electrical appliances; as well as detergents manufacturing.
In light of Cabinet's approval to grant more facilities and incentives to investors in the two Zones, Abdel Wahab said that the occupancy rates in the two Investment Zones have reached 100%; in line with GAFI's approach to support and encourage small investors and within the framework of the State's plan to achieve the sustainable development.
