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Ayman Gemayel: President Sisi strongly supports the private sector and provides all facilities to investors


Businessman Ayman El-Gamil, Chairman of the Board of Directors of the “Cairo3A” Group for Agricultural and Industrial Investments, said that President Abdel Fattah El-Sisi strongly supports the private sector and always directs to provide all facilities to investors, manufacturers and producers, believing that the private sector in Egypt is the main locomotive of the economy and is responsible for achieving the ratio. Required from Egyptian exports, providing job opportunities, and directing Egyptian exports towards new markets

Businessman Ayman El-Gamil stressed that President Abdel Fattah El-Sisi’s meetings with businessmen and investors always bring goodness to all, and overcome all difficulties and obstacles in front of producers, manufacturers and investors, including the president’s directives to grant the golden license to all investors who applied for it for a period of 3 months, which represents An opportunity for investment, especially since the government is seriously seeking to provide strong incentives for industrial investors to compensate for the trade balance deficit, reduce dependence on foreign currency, and increase local manufacturing of imported products.

Ayman Gemayel added that the opportunity has become available for small manufacturers to participate seriously in the national economy with the Ebda initiative, in which they participate in a decent life and receive all support from the Egyptian state, with the aim of motivating manufacturers and producers to expand their projects and provide new employment opportunities for young people, while diversifying Egyptian products to include all areas with the aim of achieving self-sufficiency locally and working to go to regional markets with Egyptian exports

Ayman Al-Gamil added that recent years have witnessed legislative and political achievements to support the private sector and investors, including the issuance of Law No. 5 of 2015, regarding the preference for local products, and the removal of obstacles to its application on the widest scale, which allows the private sector to participate in government tenders and gives it priority in supplying government projects, which works On the growth of the private sector, and Law 15 of 2017 to facilitate the granting of licenses to factories, where the Law to facilitate the procedures for granting licenses for industrial establishments permitted licensing by notification in order to facilitate and facilitate the owners of projects, as it stipulated that in other than the establishments and areas stipulated in Articles (8) and ( 9) of this law, whoever wishes to establish or manage an industrial facility is obligated to notify the competent administrative authority on the form prepared for this, attached to it the data and documents specified by the executive regulation, according to the nature of the activity and the risks it represents.

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