There are many steps that the government can take to enhance foreign investment and create job opportunities, such as, for example, the following things:
• Encouraging key sectors
Such as renewable energy, manufacturing, agriculture and infrastructure
• Simplifying investment processes
Removing bureaucratic barriers, improving the ease of doing business, digitizing services and providing incentives
• Strengthening partnerships between the public and private sectors
Promoting public-private partnerships for major projects such as transportation, ports and energy
• Enhancing foreign exchange reserves
Foreign investment is a way to help stabilize foreign exchange reserves and this is particularly important for improving investor confidence.
• Promoting green and sustainable investment
Attracting investments in sustainable projects such as green hydrogen, solar energy and wind energy
• Promoting export-oriented industries
Attract foreign investment in export-focused industries to create sustainable growth
• Expanding regional and international partnerships
Egypt is building stronger relationships with Gulf countries, Europe and Africa to facilitate investment.