13 golden licences granted to companies, 40 others under study: GAFI

President of the General Investment Authority (GAFI) Hossam Heiba reviewed the efforts recently made by the Egyptian government to facilitate and accelerate the procedures for registering companies, opening their headquarters in Egypt, and creating an attractive investment environment. He said that 13 golden licences have been granted to companies, and 40 others are currently under study. 

He stressed that the government aims to generalize the golden license experience for all industries and sectors. Heiba mentioned this during his meeting with representatives of the Greek company Mytilineos operating in the energy and industry sectors, in the presence of Noha Kamal, head of the commercial representation office at the Egyptian Embassy in Athens, and Ahmed Mongi Badr, representative of the European Union administration in commercial representation, in order to discuss opportunities for investment in Egypt.

The company is considering pumping investments in Egypt during the coming period, in the fields of building solar power plants, storage batteries, new and renewable energy, oil and natural gas, infrastructure and sustainable engineering solutions, in light of the extensive experience that the company has in these areas.