Egypt Prepares FDI Strategy Targeting 16 Priority Sectors
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Egypt prepares FDI strategy targeting 16 priority sectors
RIYADH: Egypt is preparing to launch a foreign direct investment strategy covering about 16 priority sectors as it shifts from general investment promotion toward directly targeting investors based on priority sectors and opportunities, Investment and Foreign Trade Minister Mohamed Farid said. The strategy, being developed in partnership with the World Bank, will seek to match investors with opportunities aligned with Egypt’s economic priorities…
Egypt to launch World Bank-partnered FDI strategy targeting 16 priority sectors - Dailynewsegypt
Egypt will shortly launch a foreign direct investment (FDI) strategy in partnership with the World Bank targeting 16 priority sectors, marking a structural shift from general promotion to direct investor targeting, Minister of Investment and Foreign Trade Mohamed Farid said. Addressing 57 correspondents and representatives from 27 international and Arab media outlets, Farid outlined
Mohamed Farid, Minister of Investment and Foreign Trade, said that Egypt was moving from public promotion to direct targeting of investors according to priority sectors and opportunities. During his meeting with 57 foreign correspondents and media representatives, he pointed to the imminent announcement of a foreign direct investment strategy, aimed at identifying some 16 priority sectors, allowing for the promotion of opportunity [...].
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