- Dr. Mohamed Farid Saleh:
- With the efforts of GAFI’s leadership, we will strive to transform the investment landscape in Egypt for the better
- Improving the investor experience is fundamental to enhancing our ability to attract investment and strengthen the competitiveness of our economy
- Digital integration to ensure alignment and consistency among the Ministry’s entities to improve the investment environment and simplify procedures
- Updating the Investment Map and linking it to investors’ needs will provide ready-to-invest, high-quality opportunities
- Developing and enhancing human resources, and strengthening responsiveness to investor complaints, are among our key priorities
- Facilitation, protection, and promotion are the main pillars of improving the investment climate and enhancing competitiveness
- Dr. Mohamed Awad:
- We are working as one team, ensuring coordination across all sectors and departments of GAFI to streamline procedures
- We are working to simplify and unify procedures and reduce the time required to obtain services
- Enhancing the efficiency of the electronic system and expanding digital solutions
- Improving the capabilities of human resources, strengthening communication channels with investors, and developing mechanisms for handling complaints
As part of the state’s ongoing efforts to improve the investment climate and enhance the competitiveness of the Egyptian economy, Dr. Mohamed Farid Saleh, Minister of Investment and Foreign Trade, held an expanded meeting with Dr. Mohamed Awad, GAFI CEO, in the presence of GAFI’s leadership, to discuss work priorities for the upcoming phase and follow up on operational matters and services provided to investors.
At the outset of the meeting, the Minister extended his congratulations to Dr. Mohamed Awad on assuming his position as GAFI CEO, wishing him success in his duties. He emphasized that the coming phase requires concerted efforts and a strong team spirit, stating: “With the efforts of GAFI’s leadership, we will strive to transform the investment landscape in Egypt for the better.”
The Minister affirmed that enhancing the investor experience is a top priority at the current stage, as it strengthens Egypt’s ability to attract investments and improves the competitiveness of the economy. He stressed the need to accelerate the pace of service development and simplify procedures across all stages of incorporation and operation.
He explained that efforts are focused on streamlining the system of procedures within GAFI and ensuring integration and coordination across its various sectors, thereby enabling the delivery of more efficient and faster services and eliminating any unnecessary complexities that may face investors.
The Minister directed action across a number of integrated pillars, foremost among them accelerating full digital transformation and enhancing the efficiency of the electronic system, in addition to achieving digital integration among all entities providing investor services. This would ensure simplified procedures, a unified service pathway, and strengthened governance.
He also emphasized the importance of clearly distinguishing between services provided to investors—being a fundamental right that must be delivered efficiently—and the regulatory role aimed at ensuring discipline and stability within the market, thereby securing a balanced and enabling investment environment.
The Minister further underscored the need to develop mechanisms for handling investors’ complaints and inquiries more swiftly and effectively, alongside launching a robust investment promotion strategy targeting high-quality investments in priority sectors that support sustainable economic growth.
In this context, he highlighted the importance of continuously updating the Investment Map and linking it to investors’ needs, ensuring the provision of ready-to-invest opportunities that reflect the real potential of the Egyptian economy.
For his part, Dr. Mohamed Awad, GAFI CEO, welcomed the staff and emphasized the importance of working as one team and ensuring full coordination across all sectors and departments to streamline procedures. He stressed the need to move forward during the coming phase according to a clear implementation plan aimed at improving the investor experience and accelerating procedures.
He added that efforts will focus on simplifying and standardizing procedures and reducing the time required to obtain services, in addition to enhancing the efficiency of the electronic system and expanding digital solutions, which will be reflected in the quality and accuracy of services.
He also noted the importance of strengthening communication channels with investors and developing mechanisms for handling inquiries and complaints, alongside improving the capabilities of human resources to enhance overall performance.
He added that GAFI will continue updating the Investment Map and aligning it with market needs, while intensifying investment promotion efforts to attract high-quality investments that support economic growth.
This meeting comes within the framework of ongoing coordination and follow-up between the Ministry and GAFI, ensuring the integration of efforts aimed at developing the investment environment and enhancing the confidence of the business community in the Egyptian economy.
