Objectives:
- Establishing integrated clusters in all fields,
- Mandating the private sector to develop, manage and promote these zones,
- Widening the scope of economic and social development across the country with the best employment of the nation’s competitive advantages.
Advantages:
- Business homogeneousness in the single zone, offering competitive costs for operation and marketing thanks to industrial integration,
- Unique administration system that facilitate the application of all management procedures through dealing with one single regulator.
- No restrictions over projects’ capital and legal form.
- Projects established in the investment zones have the right to deal with the local market..
- Streamlined customs system for smoother importation and exportation for the projects at the zone
- Availability of a package of logistic services for projects.
- Goods manufactured within investment zones enjoy the Egyptian origin feature as regards to bilateral agreements with Arab and African countries (COMESA – European Association),
- Projects established in the investment zones enjoy the incentives that are mentioned in the investment
General and new Incentives :
- The process of registering foreign company subsidiaries to only three days of processing time.
- The time to open foreign representation offices; 3 days while simplifying administrative steps related to establishing a business.
- Enhancing import and export flexibility through import and export certificates that are available for 3-5 year periods.
- New Facilities for Investors Include.
- Paying subscription fees to chamber of industry and the federation of Egyptian industries
