Our partner, Dr. Fatma Salah, gives a speech at the inauguration ceremony of the tree-day Belt and Road Forum in Cairo.
The forum is co-organized by the Chinese Chamber of Commerce, the China Development Bank, Egyptian Chamber of Commerce, and the Al-Ahram Foundation.
The forum was attended by a number of Egyptian and Chinese businessmen as well as officials from both countries. Among guest speakers was Mrs. Mona Zobaa, chairman of GAFI (Egyptian General Authority for Investment) and Mr. Han Bing, China Minister of Commerce Commissioner, as well as representatives from China Development Bank and other Egyptian Banks.
Dr. Fatma shared her insights on the new Investment Law, its guarantees and incentives. the law comes as part of an ambitious economic reform program adopted by the Egyptian government aiming at restoring confidence in the Egyptian economy and incentivizing capital flows. The law includes a raft of incentives, from tax deductions on projects established in underdeveloped areas and labor-intensive sectors to cost rebate systems. A summary report about the new Investment Law is available here on our website