Chairman of the General Authority for Free Zones and Investment (GAFI) Mohamed Abdel Wahab has discussed with visiting Sudanese Investment and International Cooperation Minister Ahlam Madani Mahdi aspects of joint cooperation.
During the meeting, Abdel Wahab affirmed Egypt’s great interest in boosting economic and investment ties with Sudan and capitalizing on the available competitive advantages of both countries.
Egypt is also keen on enhancing cooperation with Sudan to exchange expertise in the various spheres related to promoting investment and providing services to investors through the designated GAFI centers nationwide, he added.
In this respect, Abdel Wahab also welcomed the continued cooperation with Sudan, saying that GAFI stands fully ready to transfer its expertise to Sudanese cadres in various investment spheres through drawing up a working plan to be implemented within the upcoming period.
For her part, the Sudanese minister voiced happiness over holding this meeting, which came with the intention of her ministry to establish a new investment authority in Sudan.
She also said that she is looking forward to benefit from Egypt’s successful experiment in this sphere, especially with regard to ways of dealing with challenges besetting investors, preparing investment maps for priority projects and managing free and investment zones.
Mahdi further hailed the decisions adopted by the Egyptian government and GAFI to enhance the participation of the private sector in investment spheres and attract more foreign direct investment into Egypt.
Source: State Information Service Egypt