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House Speaker Says Amendments to Investment Law "Important" to Lure Foreign Capital

Source: www.export-egypt.com 11/21/2022, Location: Africa

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Speaker of the House of Representatives Hanafy Gebaly has hailed as "important" a bill submitted by the government to amend some provisions of the investment law of 2017.

Addressing a plenary session, Gebaly said the investment law is important because it not only directly affects the economic sector in Egypt, but also has a direct impact on investors and entrepreneurs abroad.

The bill introduces new incentives to encourage entrepreneurs abroad to pump new investments into Egypt, and to lure foreign capital, Gebaly added

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