Saturday 04/October/2025 – 01:10 PM
Engineer Hassan Al -Khatib, Minister of Investment And foreign trade, with an inspection tour of the port of Ain Sukhna, which comes within the framework of following up the progress of work in Egyptian ports during the weekly holidays and official leave, and the Minister was accompanied during the inspection tour, Dr. Walid Jamal Al -Din, Chairman of the General Authority for the Economic Zone of the Suez Canal, Mr. Hossam Heiba, Chairman of the General Investment Authority and Free Zones, and Engineer Issam Al -Najjar, Chairman of the General Authority for Export and Imports, Mr. Sharif Al -Kilani, Deputy Minister of Finance for tax policies, Mr. Ahmed Amawi, Head of the Customs Authority, and a number of leaders of the Ministry of Investment and Foreign Trade.
The Minister of Investment: Our goal is to completely eliminate the multiplicity of procedures to serve the investor and facilitate the movement of trade
The Minister of Investment and Foreign Trade witnessed a presentation from the Dubai Ports Company for the most important procedures that have been done to develop the customs release system for goods and reduce the time necessary for the customs release in the port
The development procedures also included the establishment of the common risk system, so that it includes all the authorities concerned with dealing with the customs system for the speed of release of incoming and exported goods.
The development procedures included the automation of the developed export cycle, so that it includes all the authorities concerned with exporting and integrating with all companies
Lines, navigational agencies, container stations and squares
The Minister of Investment and Foreign Trade held an interview with investors and listened to their proposals and their vision of the procedures for development within the ports in a way that contributes to accelerating and facilitating the procedures for customs release
They praised the development procedures that took place during the past year, which contributed to shortening the time of customs release, which contributed to the speed of the entry into force of the goods that provided them with cost and time, which would increase investments and will have a positive return on international companies to expand their investments during the next stage
The Minister of Investment and Foreign Trade inspected during the transfer of the joint examination committees, to determine the latest developments in the application of the integrated customs release system, and the integrated work mechanism was followed in the squares, where all the supervisory authorities meet to end all procedures on shipments at once, from detection, valuation and examination, in a practical and effective manner.
The Minister of Investment and Foreign Trade stressed that the strategic goal is “the complete elimination of bureaucracy and the multiplicity of procedures, and the breaking of barriers between government agencies and their unification under one goal to serve the investor and facilitate the trade movement”, praising the integration between all parties, which represents the cornerstone of the state’s strategy to reduce the time of customs release.
He said, “The vision of all sides working as one team here is a matter of pride, and it represents a direct application of the Prime Minister’s decision to continue to work without stopping throughout the week, including holidays and official leave, which achieves the utmost flow in the trade movement, and emphasizes all efforts to reach global release rates.
The Minister of Investment and Foreign Trade stressed that the continuous follow -up of the work progress aims to ensure the sustainability of distinguished performance and overcome any challenges that may occur, in order to preserve the gains that have been achieved in reducing the time and cost of release of shipments.
