A delegation of the General Authority for Investment and Free Zones (GAFI) took part in launching the Investment in Mediterranean Project (Investment In Med) signed between the European Union and a Consortium of ANIMA Investment Network, Union of Chambers of Commerce and Industry in Mediterranean Countries and the Union of European Chambers of Commerce. GAFI delegation was headed by GAFI vice chairperson, Ms. Wafaa Sobhy and included the advisor to the Minister of Investment for investors’ affairs.

The project, financed by the EU, is aimed at attracting more investment to south Mediterranean countries and increasing trade between north and south Mediterranean.

A relevant conference reviewed the priority sectors which may represent a potential for economic cooperation among member states of the consortium.

On the other hand, GAFI delegation is participating in the Businessmen Forum in Mediterranean countries (Mid Business Days), held in Marcela and attended by 1,000 businessmen of this region.

The delegation will review the reform procedures taken in Egypt to improve the investment climate and will present investment opportunities in different sectors. Meetings will be held with some  Businessmen Forum in Mediterranean countries (Mid Business Days