Tuesday 20/May/2025 – 09:23 PM
Hossam Heiba, CEO of the General Authority for Investment and Free Zones, stressed that the state aims to spread development and investments in all parts of the country, explaining that the challenges are still present and we started dealing with the challenges.
Haiba said in a television intervention to him today, Tuesday, that the authority is working on a licensing platform to collect all the licenses present for any investor, saying: Whoever wants to make licenses to the authority through the platform and takes its license for a specific time period.
He added that the platform will be launched within days and will announce the prime minister to facilitate the investors, and it will be the first stage, and its second stage will be more modern and progressive, and it will start in the first quarter of next year.
He explained: Egypt is attractive to investment, and that the major companies will come with us, and the most important thing is the reality, and we have challenges and still, and we have worked on these challenges to be one of the developed countries.
The CEO of the General Authority for Investment and Free Zones stressed that the foreign investor provides training at the highest level of Egyptian workers on modern technology, pointing out that the dollar return from foreign investment is positively returns to Egypt.
He stressed that Egyptian youth work with international companies in the areas of artificial intelligence, explaining: We worked to include administrative buildings of the Investment Authority to the free zones to help investors.
He explained that we have provided speedy roads to finish investor procedures very quickly, noting that the one -person company is the latest types of companies and contributes to helping young people.
He pointed out that the authority targets Japan and India, stressing that India asked the authority to send Egyptian companies working in the Indian public facilities to advance the infrastructure as in Egypt.