Planning Ministry Offers Facilities for Foreign InvestmentsSource: www.export-egypt.com 7/7/2012, Location: Africa |
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The Ministry of Planning and International Cooperation revealed a plan to encourage direct foreign investments in Egypt during the fiscal year 2012-2013, via offering a package of untraditional incentives. In a report on the main features of the development plan for the new fiscal year, the ministry said that it aims to increase Gross Domestic Product (GDP) up to EGP 1.77 trillion. There is an unprecedented increase in the volume of government investment during the fresh plan, the report read.
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