It came during a short tour on Thursday by a delegation of US companies officials visiting Egypt at the Investors Services Centre, which Nasr said it aims to reduce bureaucratic measures and offers electronic services to investors. Regarding the country’s new free zones, Nasr said that the ministry is working on the establishment of seven new free zones in Minya, South Sinai, New Ismailia, Giza, Dakahlia, Aswan, and Kafr El Sheikh. The ministry is also working on establishing 12 new investment zones. For his part, Goldberger praised the efforts made by the Investors Services Centre to facilitate investment measures, pointing out that American companies are interested in expanding their activities in Egypt in the coming period. “US investors do not see Egypt as just a big market, but rather a strategic partner and gateway to Africa and the Arab region,” said Khush Choksy, senior vice president for the Middle East and Turkey Affairs at the U.S. Chamber of Commerce.

Source: Daily News Egypt October 25, 2018 17:26 UTC