1

2

General Indicator

Population

Average 90 Million.

Annual General Inflation Rate

9.21% in Sep. 2015

Net International Reserves

USD 16.3 Billion by the end of Sep. 2015

Net Foreign Direct Investments

2014/15: recorded USD 6.4 Billion FY 2013/14 recorded USD 4.1 Billion FY 2012/13: USD 3.8 Billion

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Why Egypt 1. Central Location with Strategic Trade Agreements.

2. Access to a Large Consumed Base in Egypt and Beyond.

3. Diversified Growing Economy.

4. Qualified and Competitive Labor Force.

5. Improving Infrastructure.

6. Reformist Investment Climate.

7. An Economy that is Resilient to External and Internal Shocks.

8. Dynamic Business Environment more Reliant on Private Investments

9. Abundance in Natural Resources.

10. Unparalleled Returns and Solid Financial Sector.

A business environment favourable to investment

• 52 Double Tax Avoidance Agreements.• 111 Investment Protection Agreements.• Member of OECD Investment Committee.• 5 main investor protection schemes endorsed by

GAFI.• Member of MIGA (Multilateral Investment Guarantee

Agency).

• A stimulus package introduced by The Ministry of Industry to facilitate investments in the industrial sector.

• Lifting the security approval requirement for media companies.

• Processing reforms related to the technical operations at GAFI`s one stop shop.

Investor Protection

Legal Reforms

4

A business environment favourable to investment

• Issuance of law 32/2014:

That reinforces the legal standing of past contracts with the state, a law that limits appeals/challenges to contracts between the government and investors to the parties involved only. The law should limit the impact of the recent issues of some earlier privatized companies.

Legal Reforms

5

Tax Policy Reforms The Government of Egypt (GoE) has introduced real estate taxes, dividends taxes, capital gains taxes, and a new VAT is expected to replace the general sales taxes, all to widen the tax baseEnergy Reforms The GoE embarked on a comprehensive reform plan including energy products’ price (subsidy) reforms, an increase in electricity tariff in accordance to a plan for 5 years that is communicated to the public, and developing the regulatory infrastructure to increase the share of renewable in the energy mix.

Legal Reforms&

Economic Reforms

6

A business environment favourable to investment

Enforcing Contracts The Egyptian government made enforcing contracts easier by creating commercial courts which was established by Law No. 120 of 2008.

The Egyptian government is working on some reform measures in this indicator for example:• Identifying specific deadlines for the judicial

procedures.• Drafting a law for mediation.• Full Automation for the courts and linking them

to a single network.

Procedures Reforms

7

A business environment favourable to investment

8

GDP Growth Rate

Increased confidence in Egypt’s economy shown by the gradual pick up in real economic growth rates in the first nine months (July-march) 2014/2015

5% real growth rate planned for 2015/2016 comparing with the expected rate in 2014/2015

Firا$st n

ine months (M

arch-Ju

ly)2013/2014

First n

ine months (M

arch-Ju

ly)2014-2015

0.00%1.50%3.00%4.50%

1.60%4.70%

Series1

Expected 2014/2015

Targeted 2015/2016

USD Billion

9

Source: Central Bank of Egypt

Net Foreign Direct Investments in Egypt

10

Ambitious Landmark Projects

1- New Suez Canal Project.

2- Suez Canal Regional Development

3- The Northwest Coast Development

4- Golden Triangle

5- Cairo Airport city

Thank you for your attention

www.gafi.org.eg

amohamed@investment.gov.eg

Akram Emara

General Authority for Investment & Free ZonesPromotion Sector