Egypt's PM Madbouly (Al-Ahram)
Egypt's Prime Minister Mostafa Madbouly stressed the necessity to improve the performance of the General Authority for Investment and Free Zones (GAFI) to find solutions to problems facing serious investors.
During the first gathering of the GAFI board on Monday after the management of the authority was transferred to the cabinet following the latest reshuffle, the premier said all decisions required to boost investment in Egypt should be taken.
Madbouly urged targeting new markets, noting that an integrated marketing plan dedicated to national investment projects is being prepared to be reviewed by the GAFI board.
The authority created during the meeting a permanent committee to follow up on the progress of international and local media campaigns.
The investment ministry's responsibilities have been delegated to Prime Minister Mostafa Madbouly during the latest cabinet reshuffle in December 2019.