Egypt launches cross sector investment map with 3,000 opportunities

Hagar Omran
1 Min Read

Egypt’s Ministry of Investment and International Cooperation (MIIC), launched the second edition of the country’s cross sector investment map on Monday, in the presence of Minister Sahar Nasr, Khaled Al-Anany, minister of antiquities, and Amr Talaat, minister of information and communication technology.

The second edition of the country’s cross sector investment map includes new 2,000 investment opportunities in addition to the 10,000 opportunities that were already in the first edition, a statement of the MIIC said.

“The second edition of the investment map is part of the exerted efforts to use technology in order to improve the investment climate in Egypt. It is a strong value added to the first edition of the investment map that was launched by President Abdel Fattah Al-Sisi in February 2018,” Nasr said.

Launching the investment map is part of the New Investment Law articles to facilitate investment decisions and promote the availability of investment opportunities in the Egyptian market, Nasr asserted.

The new map explains the available investment opportunities with the projects’ financial needs, Nasr noted, adding that the map offers a variety of projects in the small and medium-sized enterprises (SMEs) sector and the megaprojects.

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