CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab said, in his speech, at the inauguration of a number of national projects affiliated to the General Authority for Investment and Free Zones (GAFI) that  Egypt has, over the past three years, established seven new centers to serve investors with the aim to improve business practice.

He added that these new centers were established in the cities of Fayyoum, Minya, Qena, the New Valley, Ismailia, Port Said and South Sinai.

He noted that an eighth center should open in the city of Qalyoubiya by the end of this year, Abdel Wahab said during a ceremony attended by President Abdel Fattah El Sisi to inaugurate a number of GAFI projects. This will bring the total number of investor service centers in Egypt to 15.

Abdel Wahab reviewed a GAFI plan of action to expand services across the country, especially Upper Egypt, as part of efforts to decentralize procedures through the electronic linkage of those centers.

He touched upon preferential incentives offered under the plan to national and strategic projects in Upper Egypt and border governorates, as well as green economy and artificial intelligence ventures.

Source: State Information Service Egypt