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26 Friday , April, 2024
Official Portal of Cairo Governorate
Top News
Why invest in Egypt?

If you are looking for a promising investment? If you want a successful project and a safe country? Egypt is the perfect place for you. In Egypt, you will find all the necessary means to start your business, including financing for your project.

 

Reasons to invest in Egypt:

  1. Egypt has the second biggest investment revenue in the world, which makes the Egyptian market one of the most attractive investment destinations internationally and regionally.
  2. Egypt is the haven for foreign investors looking for alternative investment opportunities in emerging markets unrelated to exporting to countries affected by the global economic slowdown.
  3. Egypt is one of the leading countries that launched sustainable development strategy "Egypt Vision 2030".
  4. Egypt's strategic location which has always made it a hub for trade.
  5. Egypt's market is one of the largest consumer markets, as Egypt was ranked the most populated country in Africa and the Middle East
  6. Egypt has signed many trade agreements with several economic groups and blocs on top are the European Union, Arab countries, Mercosur, East Africa countries, and QIZ giving you access to various markets with more than 1.5 billion consumers.
  7. Egypt has a large, young, well-trained, skilled labor force in all specialties. Moreover, Egypt has long been a regional exporter of skilled labor.
  8. Egypt has many industrial areas spread across the country.
  9. Egypt is to implement many national projects not only in Cairo but all over the country. So wherever you want to start your business, you are welcome to invest whether your project is small, medium, or mega. 
  10. Egypt is the leader in some of the fields that require high skills, which are service-based sectors like communication and information technology and tourism.
  11. In most of Egypt leading sectors, wages are very competitive and more stable than any other country.
  12. In Egypt, corporate tax rate at only 22.5%, which considered to be low compared to other tax rates in other countries. Furthermore, Egyptian Tax Authority always aims to provide corporate taxpayers with the best service as quickly as possible.
  13. Egypt has a world-class infrastructure base. Three independent mobile (cellular) phone networks cover nearly 100% of the country's inhabited land.
  14. Egypt has 15 commercial ports serving exporters and importers alike. It also has a huge road network of 108.784 km and a railway network of 9570 km a well as 20 airports.  
  15. Egypt also provides competitively prices and reliable supplies of power, water and gas. Egypt possesses an abundance in natural resources that can easily meet the needs of agricultural, industrial and mining activities.
  16. Egypt's new investment law guarantees fair and equal treatment to both foreign and local investors.
  17. Egyptian law obliges the state to respect and enforce contracts and stresses that investment based on fraud and corruption will not be protected to ensure just and fair investment opportunities.
  18. Egypt's economy is one of the most diversified economies in the Middle East and North Africa. It has also grown stronger over the past years, especially after witnessing significant growth in several sectors.
  19. Egypt's government has established a sovereign investment fund to stimulate diversity and support sustainable development by maximizing returns on the state's assets and wealth as well as encouraging the participation of the private sector.
  20. Egypt's government is working on establishing an integrated information system for national planning, follow up, and evaluation, which would achieve a set of outcomes of which follow up the performance of the country's projects and assets, improve the efficiency of planning decisions, improve public expenditure efficiency, maximize added value on the uses of state lands, establishing information bases to speed up registration of real estate projects, and raise Egypt's ranking in  the ease of doing business indicators.