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