CEO of GAFI, Hossam Heiba, explained that the strategy aligns with presidential directives and the decisions of the Supreme Council for Investment, aiming to create a collaborative and clear vision for investment in Egypt
Heiba highlighted the Egyptian government’s ambitious plan to increase private sector contribution to 48% of total investments by the fiscal year 2024/2025
The aim is to meet the demand of the vast local market while positioning Egypt as a regional hub for exporting the company’s products to Middle Eastern and African countries.
Heiba also highlighted 10 more projects currently undergoing intensive collaboration with the Turkish team, comprising approximately 7 new initiatives.
He pointed out that the authority will support the company with all studies and information about feeding industries and trade agreements with markets targeted for export.