• The application is checked by the unit of investment zones to see if any of the required documents are missing.
• The application is submitted to the committee in charge of examining the investment zones establishment applications.
• GAFI – via that committee and jointly with the applicant – obtains approvals from the bodies concerned with the type of business or main types of business in the zone named in the application, and approvals from the Armed Forces Operations Authority, the National Center for Planning State Land Uses, the Supreme Council for Antiquities, Environmental Affairs Agency and the Civil Aviation Authority.
• The committee submits the application to GAFI’s bcsard of directors for approval to establish the investment zone. Once obtained. GAFI’s approval is referred to the Prime Minister in order to get a final decree on establishing the investment zone.
• GAFI’s chairman – based on GAFI’s board of director’s approval – issues a decree for forming a board of directors for the investment zone within 2 weeks at most as of the date the zone establishment decrec was issued.

Required Documents :

Pursuant to the Prime Minister’s Decree No. 1675, the following documents must be Obtained in order to issue an investment zone estahlishment decree

• A description for the site needed to be transformed into an investment zone, including its area, location, coordinates, a recent cadastral map. and the legal nature of the site acquisition,
• A report on all already-existing and required utilities and infrastructure elements and a statement on how much water and energy is needed throughout the phases.
• The zone development and promotion strategy, including a general description of the type of projects likely to be attracted, how many projects, their capital and their estimated total employment opportunities,
• A layout of the zone, inciuding the services to be provided by the developer.
• Information about the company making application. incJuding its experience history, stockholders and capital structure.
• Time schedule for zone establishment and utilization,
• An affirmation from the applicant on their full compliance with all environment, health, security and safety standards and compliance with the zone establishment decree.
• The contract to be signed with willing-investors at the zone, including their compliance with standards and conditions specified in the previous paragraph, as well as conditions of land retrieval in case the land remained unused for a certain period of time.
• Following up procedures for the entry and exit of goods.
• Engaging with external bodies in supervision and follow-up.