Egyptian President Abdel Fattah El-Sisi revealed that all existing obstacles facing investment will be removed within a period of one or two months at the latest.
During the inauguration of a number of projects by the General Investment Authority, President Sisi pointed out that "work is being done to facilitate procedures for investors to support the industrial sector and to facilitate all obstacles." He stressed "the state's seriousness in solving investors' problems, including providing production requirements, and directives were given to the governor of the Central Bank not to have a real problem facing investors."
He pointed out "the state's seriousness in addressing the problems that impede investment, addressing and solving them," he explained that "the size of the private sector in Egypt is large and exceeds 75 percent of the size of the economy, and we, as a country, cooperate with businessmen in Egypt and strive to eliminate all obstacles facing investors and businessmen."
President Sisi stressed that "presenting investors' problems is not a defect in the government or the state, but we present them in order to confront them and solve them to remove all investment obstacles."
Source (Al-Sharq Al-Awsat Newspaper, Edited)
