{"id":1044,"date":"2018-01-17T13:22:00","date_gmt":"2018-01-17T13:22:00","guid":{"rendered":"http:\/\/thefreezoneblog.com\/blog\/2018\/01\/17\/egypt-to-develop-free-trade-investmen\/"},"modified":"2018-01-17T13:22:00","modified_gmt":"2018-01-17T13:22:00","slug":"egypt-to-develop-free-trade-investmen","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/egypt-to-develop-free-trade-investmen\/","title":{"rendered":"Egypt to develop free trade, investment zones establishes Investment Company worth EGP300m."},"content":{"rendered":"<div class=\"separator\" style=\"clear: both; text-align: center;\">\n<a href=\"https:\/\/2.bp.blogspot.com\/-1niXhfrTGO8\/WmY0HWJu3UI\/AAAAAAAAAFg\/wbAnU0xuDWUcOca5QLL8RZtYf4n7bkvMwCLcBGAs\/s1600\/soaxx201137-04_300dpi.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"><img loading=\"lazy\" decoding=\"async\" border=\"0\" data-original-height=\"1156\" data-original-width=\"1600\" height=\"462\" src=\"http:\/\/thefreezoneblog.com\/blog\/wp-content\/uploads\/2018\/01\/soaxx201137-04_300dpi.jpg\" width=\"640\" \/><\/a><\/div>\n<p>At a press conference on last week, Minister of Investment and International<br \/>\nCooperation Sahar Nasr announced that the cabinet approved the establishment of<br \/>\nan investment company for the development of investment, free trade zones, and<br \/>\ninvestment services areas, with a capital of EGP300m and it targets to reach<br \/>\nEGP 3bn.<\/p>\n<p>Moreover, Nasr said the decision comes in the framework of efforts to<br \/>\nimprove the investment environment, pointing out that the company will work to<br \/>\ndevelop the infrastructure of the new areas and to meet the needs of the<br \/>\nexisting areas, especially in Upper Egypt governorates.<br \/>\n<a name='more'><\/a><\/p>\n<p>Furthermore, she explained that attention to investment services centres is<br \/>\nimportant in light of the keenness to activate the Investment Law and<br \/>\nlegislative reforms, and to establish investment services centres mechanized in<br \/>\nall governorates, in order to keep pace with global economic developments.<br \/>\nMeanwhile, Nasr stressed that the government is taking positive steps at<br \/>\nmany levels to improve the investment environment in Egypt, which is part of<br \/>\nlegislative reforms.<\/p>\n<div class=\"MsoNormal\">\nIn this context, she explained that an integrated<br \/>\npackage of legislation has been adopted, pointing out to the latest one which<br \/>\nwas the House of Representatives\u2019 approval of the Bankruptcy act which aims at<br \/>\nimproving the business environment and facilitating exit from the market. On<br \/>\nthe other hand, the investment law provides entry procedures for the market.<\/div>\n<div class=\"MsoNormal\">\n<\/div>\n<div class=\"MsoNormal\">\n<\/div>\n<div class=\"MsoNormal\">\nSource: Daily News Egypt.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>At a press conference on last week, Minister of Investment and International Cooperation Sahar Nasr announced that the cabinet approved the establishment of an investment company for the development of investment, free trade zones, and investment services areas, with a capital of EGP300m and it targets to reach EGP 3bn. Moreover, Nasr said the decision [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[22,65,107,108,109,110],"class_list":["post-1044","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-africa","tag-egypt","tag-investment-services","tag-investment-zones","tag-minister-of-investment-and-international-cooperation","tag-sahar-nasr","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Egypt to develop free trade, investment zones establishes Investment Company worth EGP300m. - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/egypt-to-develop-free-trade-investmen\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to develop free trade, investment zones establishes Investment Company worth EGP300m. - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"At a press conference on last week, Minister of Investment and International Cooperation Sahar Nasr announced that the cabinet approved the establishment of an investment company for the development of investment, free trade zones, and investment services areas, with a capital of EGP300m and it targets to reach EGP 3bn. 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