Egypt to launch digital platform for foreign investors to establish firms on July 1st – The North Africa Post

Egypt’s Basic Authority for Funding and Free Zones (GAFI) will launch a digital platform that permits buyers to ascertain their firms on-line on July 1st, the authority’s Chief Government Officer introduced Thursday.

Hossam Heiba made the announcement as he met with Swiss ambassador in Cairo, Vonne Bauman.

The Authority is adopting mechanisms for dialogue between the private and non-private sectors by holding sectoral boards, within the presence of all stakeholders from native and overseas firms and anxious authorities businesses, to handle any challenges going through the expansion of sectors and put in place mechanisms to speed up improvement, Heiba mentioned, noting that industrial sector boards had already been held.

The North African nation in keeping with the GAFI Chief has enormous funding alternatives within the well being, schooling, automotive trade, pharmaceutical industries, meals industries, logistics, communication and knowledge know-how sectors, that are extremely enticing to the Swiss facet.

Some 80 Swiss firms are working in Egypt in varied sectors and the European nation is among the many high 10 buyers in Egypt, in keeping with the Swiss diplomat.