Chairman of Egypt's General Authority for Investment and Free Zones (GAFI) Mohamed El-Ghamrawi has recently announced the establishment of 13 new projects.
"More than $ 320 million have been invested in the new enterprises, which are expected to provide 3,170 jobs," El- Ghamrawi said. "There will be great developments in the investment climate in the near future, especially after the creation of the Ministry of Investment," El Ghamrawi added.
The Ministry will encourage investment companies to float shares in the Stock Exchange, which will enrich the investment climate, he said. (menareport.com)
© 2004 Mena Report (www.menareport.com)
