The protocol aims to attract foreign and local investments while fostering internal growth.
By: Business Today Staff
Mon, Dec. 9, 2024
The General Authority for Industrial Development has signed a cooperation protocol with the General Authority for Investment and Free Zones (GAFI) and the Commercial Representation Authority to promote Robbiki Leather City to both domestic and international markets.
The protocol aims to attract foreign and local investments while fostering internal growth.
It leverages the extensive network of investment offices within Egypt and commercial representation offices abroad to draw foreign direct investment and maximize the impact of collaborative efforts.
This initiative seeks to highlight the diverse investment opportunities available in Egypt’s industrial sectors, including Robbiki Leather City.
Under the agreement, the General Authority for Investment and the Commercial Representation Authority will intensify efforts to support the promotion of industrial projects.
This includes marketing Robbiki Leather City’s offerings to investors and companies—both local and foreign—across targeted countries. Additionally, the protocol outlines plans to organize joint international events and provide logistical support to investment companies operating in Egypt.
A key component of the protocol is the establishment of a joint executive committee that will meet regularly to unify the efforts of all parties involved and ensure the achievement of the protocol’s objectives.