Egypt Sets USD 20 Billion Foreign Investment Goal for 2030
Egypt targets foreign investments, with Prime Minister Madbouly pledging to enhance the investment climate.
Prime Minister Dr. Mostafa Madbouly announced that the Egyptian government plans to achieve foreign direct investments exceeding USD 20 billion and an export volume of over USD 140 billion by 2030.
The plan focuses on making Egypt a hub for international business, particularly in manufacturing and production sectors. To support these initiatives, the Minister of Finance will finalize a package of tax incentives designed to improve the investment climate further by the end of September.
Additionally, the Minister of Investment and Foreign Trade, Hassan Al-Khatib, is expected to introduce a new set of incentives aimed at boosting foreign investments in the country.
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