Dr. Mamdouh Ghorab, Governor of Al-Sharkia and Dr. Mohsen Adel, Chairman of the General Authority for Investment, attended Dr. Samir Aref, Chairman of the Board of Directors of the 10th of Ramadan Investors held extensive meeting of investors of the tenth of Ramadan to search and discuss the problems and obstacles that facing investors as well as to present proposals and visions that will activate the communication between Authority and investors.
Al-Sharkia Governor affirmed that the 10th of Ramadan City is the largest industrial fortress in Egypt and has more than 2400 factories and provides more than 500 thousand direct jobs, Pointing out that the State attaches great importance to the investment sector and strives to create the atmosphere to encourage it and provide promising investment opportunities for investors to create real employment opportunities for youth and to reduce the phenomenon of unemployment and improve the standard of living of citizens.
The Governor called for the meeting to come out with specific working mechanisms agreed upon by all to solve all investor problems with different parties to create the right atmosphere to encourage investment, increase development and investment opportunities and raise employment rates to improve the Egyptian economy.
Dr. Mohsen Adel, Chairman of the General Authority for Investment, said that removing obstacles that are facing investors is a top priority of the General Authority for Investment, pointing out that the purpose of the meeting is to end all problems that are related to insurance, taxes and customs to create a strong investment climate and to inject new investments that contribute to increasing production and youth employment and generate appropriate income. He said that the State supports the serious investor and strives to create the right atmosphere for investors and end all problems and challenges with different parties.