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Egypt is a progressive, rapidly growing N11 emerging market, currently experiencing a vital global interest from industrial, business, and investment stakeholders from around the world. Capitalizing on its geographic proximity to international markets in Europe, Africa and the Middle East and the strength of its multilateral and bilateral agreements, Egypt is a significant powerhouse in the region.

Location

Central location positioned between the European, Middle Eastern, Asian and African markets where 10% of the world’s trade access passes through the Suez Canal and with the potential of increasing to 20% within the coming 10 years.

Pro-business investment incentives

A twenty- year vision to become the leading industrial power in the Middle East and North Africa has been endorsed and is being implemented with the combined public and private efforts.

  • Stable banking system
  • Protection against expropriation
  • Protection against compulsory pricing
  • Full right of profit and dividend repatriation
  • Low taxes (20% flat tax rate for corporate and individuals)
  • Low customs (reduced tariffs from an average of 144.6% to 6.2%)
  • Enabling legislation and institutional framework
  • 100% foreign ownership of companies
  • 100% foreign representation of Board of Directors
  • Implementation of dispute resolution and settlement mechanisms

Diversified economy and growing consumer market

The country’s well- diversified economy, with no single sector comprising more than 21% of the GDP, solidifies its economic base and reduces the negative effect of the external shocks.

  • Industry represents 32% of the GDP
  • Consumer base of 80 million
  • Leading Arab country that facilitates business investments in the region

Trade Agreements:

Egypt benefits from a wide array of global intra-trade, bilateral and multilateral treaties: EU Association Agreement, Gafta , Agadir, EFTA, COMESA, QIZ Egypt, Egypt - Mercosur Agreement & Egypt Turkey free Trade Agreement.

Utilities at favourable costs compared to the Asian and European countries

Water, gas, electricity and communication.

Transportation infrastructure

  • Rail Ways

Egypt's railroad network and vehicles is in process of being fully upgraded and connected to the 10th of Ramadan City and Belbeis.

  • Under-Ground

Egypt's railroad network and vehicles is in process of being fully upgraded and connected to the 10th of Ramadan City and Belbeis.

  • Free-Ways

Roads are being upgraded to free-ways to improve its characteristics/conditions’ safety, services, maintenance and operation. The free-ways will connect major industrial zones to major ports like the Mediterranean Free-Way 530km, Cairo-Alexandria Free-Way 231km, Cairo- Sokhna Free-Way 107km, Cairo-Ismalia Free-Way 120km, Cairo-Suez Free-Way 110km.

  • Ports

Egypt is a natural trans-shipment point and logistics and distribution hub in the region. Egypt’s major ports include Alexandria - the nation’s largest port, Dekhiela port which is an extension to the port of Alexandria ,port of Damietta which offers shipping companies, the largest container terminal and the most sophisticated equipment in the Middle East , and Port Said and Port Suez which are at the terminals of the Suez Canal. New investment is being done to upgrade and expand these ports.

  • Cairo Airport Cargo Terminals

The strategy is to develop Cairo International Airport to be a central cargo hub to Middle East and Africa. Currently cargo capacity is 200,000 tons per annum, and cargo volume is handled and stored through 5 cargo terminals.