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Time to Invest in EGYPT The process of registering foreign company subsidiaries to only three days of processing time. The time to open foreign representation offices; 3 days while simplifying administrative steps related to establishing a business. Enhancing import and export flexibility through import and export certificates that are available for 3-5 year periods. Paying subscription fees to chamber of industry and the federation of Egyptian industries at the one stop shop Increasing GAFI’s processing centers. Lifting the security approval requirement for media companies. As well as lifting licensing requirements for print publications. An initiative to provide resources for a credit risk guarantee program to help develop SMEs and help them gain access to bank financing. Support and Incentives for Investments

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Page 1: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

• The process of registering foreign company subsidiaries to only three days of processing

time.

• The time to open foreign representation offices; 3 days while simplifying administrative

steps related to establishing a business.

• Enhancing import and export flexibility through import and export certificates that are

available for 3-5 year periods.

• Paying subscription fees to chamber of industry and the federation of Egyptian industries

at the one stop shop

• Increasing GAFI’s processing centers.

• Lifting the security approval requirement for media companies. As well as lifting licensing

requirements for print publications.

• An initiative to provide resources for a credit risk guarantee program to help develop

SMEs and help them gain access to bank financing.

Support and Incentives for Investments

Page 2: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

ICT: DIGITAL Egypt 2014

INDUSTRY: Textiles

Egypt offers easy access to markets in the Arabian Gulf, the Levant, North Africa and Sub-Saharan Africa as well as Europe.

Ambitious Targeted Sectors

• 30% of industrial output.

• 14.2% of Non- Petroleum exports in first

three quarters of 2013/2014 .

• 30% of local employment in 2014 .

• Egypt is home to the only fully vertically

integrated textiles industry in the Middle East.

• One of the highest-growth potential IT markets

in the Middle East.

• Has an annual sustained growth rate of 12.5 %

during Q1 of the FY 2014/15

• Contributes 2.7% to real GDP.

Page 3: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

• 20% of total power generation by 2020

• 12% of which will be generated by wind energy & 5% by solar energy .

• To boost USD 110 billion of investment into the power sector by 2027

• The leader producer: as Egypt produces almost 57% of the region’s total wind energy

• One of the oldest and most-established in the Middle East

• The nation’s banks, brokerages, investment banks and private equity houses are among the most vibrant in the region.

• Smart village the premiere technology park in the middle east.

FINANCE

RENEWABLE ENERGY

Ambitious Targeted Sectors

Page 4: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

• Unique geographic location combined with an expanding infrastructure bas

• 8% of the world’s maritime shipping passing through the Suez Canal & it will be increases after the new Suez canal in coming August .

• Accounting for 7.5 % of GDP during Q1 of the FY 2014/15 .

• The government is planning investments of EGP 45 billion ($6 billion) in the transportation sector during the FY 2014/15.

• Accounting for 11 % of total GDP during

2014 with total number of tourist 10

million . Labor in tourism sector 13%

• 2020 plan to achieve $ 26 billion by 20

million tourists .

TOURISM

LOGISTICS

Ambitious Targeted Sectors

Page 5: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

Education

AGRICULTURE

• Egypt represents one of the largest markets in the

region, agriculture contributes to around 23 % of

Egypt's GDP in q1 2014/2015 .

• Food production industry in Egypt is better developed

than that in many neighboring Countries , creating

strong export opportunities.

• 6130 companies operating in the Agribusiness space in

Egypt With total capital reaching EGP 50 billion (around

$ 7 billion ) and manpower of 5 million.

• Egypt has a long history as an exporter of

well-educated labor.

• Egypt has a diverse base of educational

system that guarantees both a large pool of

people who can teach and conduct training

programs.

Ambitious Targeted Sectors

Page 6: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

Real Estate

Retail

• Egypt is the largest market in the Arab world with a

population of around 100 mn.

• Booming retail sub-sectors include autos as sales

forecast to increase by 126% between 2012 and 2016,

over-the-counter (OTC) pharmaceuticals, with sales

expected to grow by 96.6% from by 2016, and

consumer electronics sales are forecast to increase by

50.8% in 2016.

• Wages in the wholesale and retail sector average USD

40 weekly.

• Total investments directed to the real estate sector

in the FY 2013/14 reached 19 % of the total

implemented investments.

• Housing needs expected to climb to 8 million in

2022.

• 27 new urban cities are planned of which 5 under

construction & new Administrative Capital .

Ambitious Targeted Sectors

Page 7: Support and Incentives for Investmentsbombaychamber.com/admin/uploaded/Download/PRESENTATION-1...strong export opportunities. •6130 companies operating in the Agribusiness space

Time to Invest in EGYPT

Important infrastructure improvements

Airports •20 including 10 conforming to

international standards

Main seaports: 15

Road network: 100.000 km including 23.500 km under supervision of General Authority for Roads & Bridges & Land Transportation .

Infrastructure up grade potential

Integrated development of East Port Said, open prospects for new development outside the Nile Valley and Delta, and contributes to the re-distribution of Egypt’s population during the next 30 years, creating more than half a million new jobs

• Integrated industrial, logistics, and commercial zones neighbouring the port.

• Ideal maritime platform to serve Europe and Western Africa.

Railway Network •9570 km (191 operational train

stations)