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Consolato Della R. A. DEgitto Ufficio
Commerciale Milano
EGITTO incontro sulla normativa tecnica e
aggiornamento sulla situazione politica ed
economica Nasser Hamed Console per gli Affari
Commerciali Consolato dEgitto a Milano 5
dicembre 2012, Treviso
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Doing business in Egypt
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Egypt at a Glance

• GDP growth rates were at 1.8 during FY 2010/2011
  and have reached 2.2 during FY 2011/2012.
• Net international reserves have decreased to USD
  15.043 Bn. by the end of September 2012.
• FDI in Egypt recorded a net inflow of around US
  218.0 million against US 2.1 billion). It
  reflected the shift in net investments of the oil
  sector from a net inflow of some US 35.0 million
  in July/March 2010/2011 to a net outflow of US
  2.1 billion in the period under review.
  Meanwhile, net Greenfield investments inched up
  to US 2.0 billion (from US 1.9 billion).
• Annual Inflation rate has declined to 6.22 in
  September compared to 8.78 in April 2012 and
  9.03 in March.
• Unemployment rates 12.6 during the 3rd quarter
  of 2011/2012 of which 21.9 were previously
  employed.
• Egyptian exports were worth 27 billion during FY
  2011/2012 while imports were worth -58.7 billion
  during the same period.
• Exchange rate for the USD october 2012 6.10 EGP.

Source CBE
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Why Invest in Egypt

• A sustained growth rate of 7 over the period
  between 2005 and 2008.
• Despite being affected by the current political
  unrest during the FY 2010/2011 growth rate which
  was 1.8 to drop to 0.2 and 0.4 during Q1 and
  Q2 of FY 2011/12 respectively, Q3 of the same
  year has been a signal of strong recovery to
  record a major increase of 5.2 growth rate.
• Egypt has a diverse economy.
• A large population and hence a large consumer
  market where per capita income was at EGP 17.062
  in 2010/2011.
• At around 26.8 million in Q1 2012, Egypt has the
  largest labor pool in the region with a
  competitive labor cost.

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Egypts New Objectives

• Ensuring macroeconomic stability real growth
  rates reached 2.2 in 2011/12.
• Reducing inflation with the aim of bringing
  inflation levels closer to those of neighboring
  countries.
• Maintaining a flexible exchange rate set by free
  market forces, while avoiding short term
  volatility.
• Upgrading the quality of government services.
• Social policy reform through expanding social
  security nets and promoting pro-poor programs
  while reforming the subsidy structure.

Jul - Mar
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The Ease of Doing Business

• Time to establish a company 72 hours
• One Stop Shops gather all sectors and entities
  dealing with investors.
• Removing restrictions on minimum capital of
  limited liability companies and reducing
  incorporation fees.
• Launching the first phase of electronic
  establishment of companies through the internet
  (in Arabic)
• Property registration fees reduces where cap is
  at EGP 2000
• Establishing the Egyptian Credit Bureaus
  (i-score)
• 20 flat tax rate, according to the Tax Law No.
  91 of 2005.
• Reducing the time necessary to register property
  from 72 to 38 days.
• Introduction of Nilex The regions first small
  cap stock exchange
• Reducing the average custom tariff to 6.9 while
  tariff items have been reduced to six items only
  (previously 27).

Source CBE
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Egypt Competitiveness
Lucrative Returns Await FDI Inflow

• Egypts competitive advantages make a compelling
  case for increasing FDI in Egypt.

Comparative Electricity Prices
Source AmCham, GAFI Information Center,
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Low Cost of Doing Business

• Competitive tax rates - corporate and personal
  tax rates top out at only 20
• Developed infrastructure with 15 commercial ports
  in addition to 44 specialized ports to serve
  importers and exporters, an expanding airport
  network catering to both passengers and cargo.
• An abundance of natural resources and
  competitively priced water, power and gas.

Source CBE, Ministry of Investment
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Preferential Access to Key Global Markets
The EU Egypt Association Agreement grants Egypt
preferential access to the EU market of 500
million The EFTA-Egypt Free Trade agreements
grants access to the markets of Iceland,
Liechtenstein, Norway and Switzerland in
industrial and agricultural products. Free duty
access to the US market of 300 million customers
through the QIZ protocol. The COMESA, a common
market for Eastern and Southern Africa creates a
free trade area among the 19 member
states. AGADIR Declaration creates grants Egypt a
free trade zone between Egypt, Morocco, Jordan,
and Tunisia in addition to a rules of origin
advantage. Egypt Turkey free trade
agreement GAFTA ratified by 22 Arab nations,
involving the phasing out of customs and duties
while eliminating non-tariff barriers
Source CBE
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Support and Incentives for Investments

• The process of registering foreign company
  subsidiaries to only three days of processing
  time.
• The time to open foreign representation offices
  3 days while simplifying administrative steps
  related to establishing a business.
• Enhancing import and export flexibility through
  import and export certificates that are available
  for 3-5 year periods.
• New facilities for investors include
• Paying subscription fees to chamber of industry
  and the federation of Egyptian industries at the
  one stop shop
• Increasing GAFIs processing centers.
• Lifting the security approval requirement for
  media companies. As well as lifting licensing
  requirements for print publications.
• An initiative to provide resources for a credit
  risk guarantee program to help develop SMEs and
  help them gain access to bank financing.

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Support and Incentives for Investments

• A stimulus package has been introduced by The
  Ministry of Industry to facilitate investments in
  the industrial sector through
• Reducing the value of Letters of Guarantee
  required to acquire land from industrial zones.
• Inspections by the Industrial Development
  Agency(IDA) are to be done upon request by the
  IDA chairman.
• Enforcing the role of IDA representative offices
  in governorates to issue all required approvals,
  except for land allocation.
• In case of fulfilling required terms of issuing
  an industrial registry, a permanent industrial
  license is issued and renewed every 5 years.

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Support and Incentives for Investments

• The issuance of Law no. (11) for year 2012 which
  provides incentives for taxpayers on the full or
  partial payment of their deferred income/sales
  taxes, the law is effected on three stages
• Stage one 25 discount on the investors taxable
  revenue in case of payment before the 31st of
  march 2012.
• Stage two 15 discount on the investors taxable
  revenue in case of payment before the 30th of
  June 2012.
• Stage three 10 discount on the investors
  taxable revenue in case of payment before the
  31st of December 2012.
• The new incentive scheme has actually resulted in
  an increase of 10 to the collected taxes by
  applying only the first stage of the law.

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Investor protection

• There are five investor protection schemes which
  GAFI is currently endorsing

Prior the 25th of Jan. Revolution Investor Care Department established within GAFI to support and guide investors to resolve any conflicts they might face with the different governmental authorities. Disputes Settlement Center established in 2009 for the reconciliation and disputes resolution between business partners. The Investment Disputes Resolutions Committee which GAFI hosts its the technical secretariat.
Post the 25th of Jan. Revolution The Contracts Committee which GAFI is a member of, to resolve any conflict that might arise between the investors and different governmental bodies over previously signed business contracts. Modification of the Investment law No. (8) year 1997 to allow the reconciliation between the investor and the government in the cases of proven fraud.
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Preferential Access to Key Global Markets

• The EU Egypt Association Agreement grants Egypt
  preferential access to the EU market of 500
  million customers.
• The EFITA Egypt Free Trade Agreements grants
  Egypt access to the markets of Iceland,
  Liechtenstein, Norway and Switzerland in
  industrial and agricultural products.
• Free duty access to the US market of 300 million
  customers through the QIZ protocol.
• The COMESA, a common market for Eastern and
  Southern Africa creates a free trade area among
  the 19 member states.
• Agadir Declaration creates a free trade zone
  between Egypt, Morocco, Jordan, and Tunisia in
  addition to a rules of origin advantage.
• Egypt Turkey free trade agreement
• GAFTA ratified by 22 Arab nations, involving the
  phasing out of customs and duties while
  eliminating non-tariff barriers.

Source CBE
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Investment Policy Framework
Special Economic Zones Investment Zones Inland Investment Category
5 flat tax rate on personal income tax 10 tax on all activities within the zone 20 40.55 for oil and gas companies 10 years Exemption for Agriculture and animal production activities. 20 40.55 for oil and gas companies 10 years Exemption for Agriculture and animal production activities. Income Tax
None Custom procedures for production input will be administered in the zone Equipment customs are paid in 5-10 years installments 2-32 depending on the product Flat rate of 5 of the value of imported machinery and equipments Import Duties
No duties when exported out of Egypt No duties on domestic components when sold in Egypt 10 of value of non domestic components when sold in Egypt Sales taxes are paid in 5-10 years installments Exported good are tax exempted 5-25 of value of all sale transactions Export Duties and Sales Tax
5 for all salary levels 10-20 depending on salary level 10-20 depending on salary level Payroll Tax
Depending on zone boards decision None None Export Minimum
Egyptian certificate of origin for SEZ based exporters Integrated custom and tax administration, licensing, and dispute settlement Companies established within the investment zones are to enjoy incentives given to both inland and upper Egypt investment regimes. Protection against expropriation and compulsory pricing Full right of profit and dividend repatriation Other Incentives
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FDI After the January Uprising

• 12309 new companies/expansions have taken place
  over the period between January 2011 and june
  2012 with a total capital of USD 10.5 billion,
  providing more than 311272 jobs.
• Egypts ongoing drive to promote investment
  combined with greater transparency and a broader
  ownership of the national economic reform agenda
  will leverage Egypts inherent strengths.
• BP is expected to invest USD 11 billion, GE to
  invest EUR303 million, Italys ENI to invest USD
  18 billion, while Qatar is to launch two
  mega-projects worth more than USD 9 billion of
  investments and providing 1.2 million job
  opportunities.

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FDI in Egypt Today

• Pegas Nonwovens SA (PEGAS), a Czech maker of
  special textiles used in hygiene products and
  health care
• GlaxoSmithKline plc announced that it will invest
  US 84.7 million in Egypts healthcare sector
  over five years to expand its product portfolio
• Al-Futtaim Group will invest about US 300
  million in 2012 to continue construction of
  Cairo Festival City project.
• In April 2011, the Kuwait Investment Authority
  (KIA), set up a company worth 1 billion in
  capital to invest in Egypt's stock market
• Electrolux, the Swedish appliance company,
  acquired a 52 percent stake in Egypts Olympic
  Group at a cost of US 350 million.
• The Turkish company KCG announcement to raise its
  investments in Egypt by establishing 3 new
  projects valued at USD400 million in the
  textiles, electricity generation, and mining in
  Sinai.
• The Indonesian company Multistrada announced
  establishing a tire factory in partnership with
  an Egyptian manufacturer, the project value is
  USD320 million.

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FDI in Egypt Today

• In April, 2011, China Development Bank signed a
  memorandum of understanding and cooperation with
  Commercial International Bank and Commercial
  International Investment Company in Egypt to
  cooperate in infrastructure and loans for SMEs.
• In July, 2011, the Egyptian Hydrocarbon Company
  (EHC) was established with paid-up capital of
  USD150 million the first private sector
  industrial project to be implemented in Egypt at
  international prices with no subsidies. Total
  investments of the project are USD454 million.
• In June 2011, Cisco announced it will invest
  USD10 million. The venture capital investment
  will be targeted at high-potential small
  businesses that provide innovative products and
  services.
• The Turkish group Limak to carry out
  enhancement capacity project of Terminal 3 in
  Cairo International Airport with investments
  worth USD387 million.
• The Indian company Dhunseri petrochemicals Ltd.
  established a 160 million dollars company in
  Sharkyia governorate in the field of plastic
  production providing 500 job opportunities
• The Malaysian Islamic Finance company, AMANI ,
  announced the establishment of a USD 500M fund.

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Bedaya Center for Small and Medium Investments
(SMIs)

• Establishment
• Bedaya Center for Small and Medium Investments
  was established in January 2010 and aims to
  implement GAFIs strategy of developing small and
  medium investments.
• Mission
• To support the growth and development of the
  small and medium investments in Egypt in line
  with the national strategy towards create new
  sustainable jobs while raising economic
  development indicators.

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Bedaya Center for Small and Medium Investments
(SMIs)

• The Pillars of SMI Strategy
• Facilitating SMEs access to finance Through
  establishing a EGP 1 billion private
  equity/venture capital fund while assisting and
  supporting SMEs in accessing required credit
  guarantees to enhance their chances in accessing
  credit.
• Providing business development servicesNon
  financial technical support that includes easing
  technology transfer, introducing investment
  opportunities and providing technical training
  for entrepreneurs to acquire the necessary
  skills. Creating clinics for fostering SME growth
  during the first five years of their lifetime.
• Promoting entrepreneurship activitiesThrough a
  process of selection of projects based on
  creativity, value added and initial viability and
  providing the necessary support.
• Integrating SMEs in the supply chain of large
  companiesEnabling SMEs to play a more active
  role in the supply chains of big corporations and
  gaining access to bigger, more sustainable
  markets and hence changing the Corporate-SME
  relationship to a win-win relationship.

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EgyptItalyTrade Investment
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Bilateral Trade(Egypt-Italy)
Million Euro
Mutation 2012 Jan-August 2011 2010 2009 Category Year
46.2 953.3 1319 902 772.3 Petroleum Egyptian Exports
20.8 677.1 1209 1000.3 669.8 Non Petroleum Egyptian Exports
32.8 1630.4 2528 1902.3 1442.1 Total Total
-11.8 1819.7 2589.8 2939.6 2603 Egyptian Imports Egyptian Imports
5.7 3450.1 5117.8 4841.6 4045.1 Trade Volume Trade Volume
-94 -189.3 -61.8 -1037.3 -1160.1 Trade Balance Trade Balance
SourceISTAT
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Egyptian Exports (2010-2011)(Million Euro)
Mutation 2011 2010 Sectors
46.2 1319 902 Oil Gas
29.2 219.5 169.8 Aluminum
16.1 114.1 98.2 Textiles ready made garments
57.3 112.5 71.5 Fertilizers
61.8 105 64.9 Chemicals
16.2 86.5 79.6 Agricultural Products
55 61.2 39.5 Food Industries
20 24.5 17.1 Engineering Products
SourceISTAT
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6.8
Priority Sectors and Clusters

• The energy sector is enormous, the government
  sector is encouraging foreign investment in the
  sector where natural gas is the evermore
  important revenue generator.
• 63 new explorations were made in the FY 2009/10
  while 11 new ones were made in Q1 2010/11.
• Natural gas production recorded a decrease of
  3.4 in Q1 2010/11 while that of crude oil
  recorded a an increase of 2.3 during the same
  quarter compared to Q1 of 2009/10.
• Domestic consumption of petroleum products
  increased by 7 during Q1 2010/11 compared to the
  same period of the previous year.

Production of Natural gas, crude petroleum and
petrochemicals Ministry of Petroleum
Source ECHEM
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6.8
Priority Sectors and Clusters

• One of the most vibrant sectors in Egypt.
• Egypt is home to many regional offices of large
  multinational companies such as Microsoft,
  Oracle, France telecom and Intel.
• Total investments in ICT amounted to 1.8 and
  1.0 of total implemented investments in FY
  2010/2011 and FY 2011/2012 respectively.
• Internet users in Egypt increased by 29.6 during
  Q1 of FY 2010/2011 compared to the same period of
  the previous year.
• Annual growth rate of the ICT sector is 9 in the
  Q3 FY 2011/2012

Indicators for the ICT Sector April 2012 Ministry of CIT Indicators for the ICT Sector April 2012 Ministry of CIT
Number of subscribers to fixed lines (mn) 8.57
Total capacity of telephone exchanges (mn line) 14.62
Number of subscribers to cellular phones (mn) 91.92
International Internet bandwidth (Gbps) 183.2
Internet Users (mn) 30.9
Source ITIDA BMI MCIT
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6.8
Priority Sectors and Clusters

• The healthcare sector is an important growth
  sector, the core areas of investment include
  private hospitals, health tourism,
  pharmaceuticals, rural healthcare and continuing
  education programs.
• Egypt is home to the largest trained workforce in
  the region such that 10,000 medical school
  graduates graduate annually, more doctors and
  pharmacists than any other country in the Middle
  East.
• High doctor to patient ratio such that in 2008,
  Egypt recorded 6.68 physicians, 14.54 nursing
  staff per thousand patients in addition to 1.18
  dentists and 1.59 pharmacists.
• Upgrade of the national healthcare system, the
  government aims to spend 11 of GDP on healthcare
  to upgrade the national universal healthcare
  system, an amount that is expected to reach 44.8
  of total government expenditure in 2012.

Source Ministry of Economic Development, CAPMAS
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6.8
Priority Sectors and Clusters

• The Egyptian government aims to transform the
  countrys infrastructure to a booming sector
  through raising infrastructure spending such that
  EGP 30 billion were added in the March, 2011
  stimulus package.
• There are currently 4 utilities projects among 7
  PPP projects.
• The Electricity Sector
• Total investments reached EGP 13.4 billion during
  FY 2009/10, and EGP 2.5 billion during Q1 FY
  2010/11.
• The rate of growth of the electricity sector has
  reached 8 in Q1 of FY 2010/11, with a 6.9
  increase in consumption during the same period.

Source GAFI
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Priority Sectors and Clusters

• Egypt is open to foreign participation in higher
  education and training in order to meet the
  demands of the global market place.
• The government plans to raise the percentage of
  Egyptians enrolled in university and technical
  education to 50 which required an additional 120
  university and technical/vocational institutes.
• The government aims to build 2,500 public schools
  of which 1,400 are to be build through PPP.
• Of the multilingual workforce of more than
  332,000 university graduates in 2009/10 41,000
  were specialized in education.

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Priority Sectors and Clusters

• The Industrial Sector
• The sector represents an important and advanced
  rank in the national economy and is strongly
  interrelated with several production and service
  sectors along with boosting foreign trade and
  improving the balance of payments.
• The sector amounts to 6.3 of growth rates during
  Q1 of FY 2010/11 compared to 4.9 during the same
  period of the previous year.
• Total investments are worth EGP 25.5 billion and
  EGP 8.8 billion were poured into the industrial
  sector during FY 2009/10 and Q1 of FY 2010/11
  respectively.

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Egypt Auto Industry

• Strengths
• Egypt has one of the few production bases in the
  region
• Strong domestic production industry - 65 of
  local sales are Egyptian-built
• Foreign investment continues to flow into the
  industry, as Nissan pledges US100mn for a
  recently acquired plant and Toyota plans a new
  service centre and showroom
• Opportunities
• Trade tariff reform between Egypt and the EU will
  open the market for more overseas manufacturers
  and expand export opportunities for domestic
  producers.
• Nissan, BMW and Toyota are all increasing their
  presence in the country
• Government drives to convert cars to natural gas
  will provide opportunities for manufacturers of
  green vehicles
• The sector has plenty of growth potential due to
  the population of 83mn and strong rates of
  foreign investment.

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Egypt Auto Industry
32
Egypt Auto Industry
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Egypt Petrochemicals Industry

• Strengths
• Egypts abundant natural gas reserves provide a
  competitive advantage in terms of petrochemicals
  production
• Egypt is relatively low risk in commercial and
  political terms, and offers competitive labour
  costs and tax exemptions
• It has a well-established fertiliser sector
• It is well-placed to export to Europe
• The Ministry of Trade Industry is working
  towards improving trade relations worldwide,
  protecting the rights of exporters and, above
  all, sustaining Egypts exports to foreign
  markets
• Opportunities
• The government has launched a 20-year US20bn
  petrochemicals development plan
• The sector is due to expand rapidly
  petrochemicals output should grow substantially
  in the coming years if all the projects go ahead
  as planned
• There is the prospect of large-scale fertiliser
  and petrochemicals developments based on the
  countrys gas reserves
• Early privatisation efforts, involving initial
  public offerings (IPOs) of successful companies,
  have generated encouraging results and are likely
  to promote investment

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Egypt Petrochemicals Industry
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Egypt Petrochemicals Industry

• The Egyptian petrochemicals sector
  represents about 12 of total industrial
  production and is worth around US7bn, or just 3
  of total GDP.
• Egypts chemical and petrochemical exports
  totaled US10bn in 2008, according to Egypts
  Chemical and Fertilisers Export Council.
• In 2002, the Egyptian government launched
  a 20-year programme to increase investment in the
  petrochemicals sector to US4.5bn. Overall, the
  government wants to see 24 new petrochemical
  production facilities built, which will produce
  15mn tonnes by 2022 and generate revenues of
  around US7bn per annum. It expects these
  projects to create up to 100,000 new jobs.

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Egypt Pharmaceuticals Sector

• Strengths
• Gateway to other emerging and, many of which are
  less penetrable Middle Eastern, Asian and African
  markets
• Well-established manufacturing industry, with
  about 30 local drug makers privately owned,
  focusing on high volume basic medicines
• Local production accounting for about two-thirds
  of the drug market
• Low labor costs and a large pool of highly
  trained doctors, pharmacists, engineers and
  skilled technicians
• Opportunities
• Sector modernization, with plans to increase
  healthcare insurance coverage
• Currently high consumption level allows for high
  growth potential
• Potential for generic sector growth as the
  government becomes increasingly cost-conscious
• Potential liberalization of the retail pharmacy
  sector
• Implementation of a new, faster drug registration
  process
• A growing number of free trade agreements (FTAs)
• Government finally deciding to raise prices of
  drugs to compensate for increased costs of raw
  materials

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Egypt Pharmaceuticals Sector
38
Egypt Pharmaceuticals Sector
39
Egypt Pharmaceuticals Sector
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Egypt Infrastructure Industry

• Strengths
• The government has ambitious plans to transform
  the countrys infrastructure, which include
  several mega-projects such as the US9.5bn
  refinery and petrochemical plant at
  Kafr-al-Shaikh, and US8.7bn container terminal
  at EasternPort Said.
• Egypt has had one of the fastest-growing
  infrastructure sectors in the world, covering all
  segments including transport, tourism,
  commercial, industrial, etc.
• Opportunities
• A growing number of visitors drawn to a
  relatively cheap country means there is the
  potential to build more hotels and resort areas
• There is a strong demand for housing in Egypt
  increasing population and urbanisation has
  resulted in the government undertaking major
  urban planning programmes
• Raw material costs are falling due to the global
  economic downturn

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Egypt Infrastructure Industry
42
Egypt Infrastructure Industry
43
Egypt Textile Industry

• INDUSTRY HIGHLIGHTS
• The Textile industry contributes with one
  quarter of Egypts non-oil export proceeds.
• The public sector accounts for 90 of cotton
  spinning, 60 of fabric production and 30 of
  apparel production in Egypt.
• The private sector apparel industry is one of
  the most dynamic manufacturing processes in
  Egypt.
• Egyptian wage levels in the Textile industry are
  among the lowest in the world, not exceeding one
  Dollar per hour.
• Cotton textiles comprise the bulk of Egypts TC
  export basket
• Egypt is the second largest MENA exporter of
  Textile products to the US, with woven apparel as
  the largest category.
• MFN treatment grants Egypt the lowest entry
  rates as mandated by US commitment to the WTO.

44
Investment opportunities
Mega Projects
1. East Port Said

• GAFI is adopting this project through the Mega
  Projects Unit in order to achieve the vision to
  support investment projects in various fields.
• The integrated development of East Port Said
  opens prospects for new development outside the
  Nile Valley and Delta, and contributes to the
  re-distribution of Egypt's population over the
  next 30 years.
• The development is in alignment with the
  implementation of the Sinai strategy.
• East Port Said Port - one of the most important
  ports to the major hub in the Mediterranean
  region is expected to be largest during the
  years.
• New urban city (millions) in Port Said - The
  total area has about 36 thousand acres.
• The industrial area east of Port Said - largest
  industrial area in Egypt 87 km 2 (20,700 acres).
• Agriculture area- reclamation of 60 acres in sahl
  El-tena region.
• Other projects ( sues canal tunnel in port said -
  electric train crossing the Suez Canal).

???? ????????? ??????? ???????? ???PPP ??????
?????? ?????????
45
Mega Projects
2. Upper Egypt- Red Sea Road (Sohag / Safaga)

• Upper Egypt-Red Sea Company was established in
  November 2008 under the law of the Investment
  Guarantees and Incentives No. 8 for the year
  1997. 200,000 acres of land were allocated to
  the company, under the Decree No. 356 of 2008
• Key projects include an integrated residential
  city on an area of ?4,300 acres to provide 24,000
  housing units.
• Other projects includea) Three dry ports in the
  governorates Assiut, Sohag ,Red Sea east ,Qana
  b) A sea water desalination plant powered by
  solar or normal power, and serves the coast line
  from a source of sea water wells .

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3. Special Economic Zones North West Suez Canal
Mega Projects

• Project Description
• Area of 16.4 Km2 North East Suez Canal Special
  Economic Zone (Sokhna). Attract the private
  sector to develop the first phase of the project
  with an area of 6.8 Km2 to manage, operate and
  maintain the infrastructure and utilities, and
  promote the Zone
• Sponsor
• The General Authority for Investment
• Investment Cost
• 800 Million pounds
• Status
• The Chinese Company TIDA has been contracted
  for developing phase one of the project

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4. Alexandria Medical City
Mega Projects

• GAFI is adopting a project to establish a Medical
  City in Alexandria through the Mega Projects Unit
  in order to achieve the vision to support
  investment projects in the medical field by
  coordinating efforts between them and the
  Alexandria Governorate and the Ministry of
  Health.
• The project is located on a 500 acre lot, at a
  prime location, at the entrance of Alexandria on
  Cairo-Alex desert road.
• Alexandria governorate will avail the land under
  a usufruct arrangement.
• The project will include specialized hospitals,
  emergency centers, wellness facilities,
  administrative areas, and clinics. In addition to
  commercial and hospitality developments.
• Anticipated investments of the project are around
  8 Billion LE.
• Project Sponsor General Authority for
  Investment / Alexandria governorate.
• Proposed Investment Mechanism Investment Zone.

48
PPP Projects
S Sector / Projects Project details Status Expected Request for Tendering Expected Financial Closure

1 Abbasyya Square Multi-Story Car Parking Construction of garage below the surface of the ground station and integrated mass transit In Abbasyya Square, Cairo governorate According to BOT system, area about 7800m2 Feasibility studies are being updated for tendering Submitting offers 22/4/2012 ____
2 Saray Alqubba Multi-Story Car Parking Construction of garage below the surface of the ground station and integrated mass transit In front of Saray Alqubba metro station, Cairo governorate According to BOT system Feasibility studies are being updated for tendering Submitting offers 26/4/2012 ?????????
Utilities
3 Abu Rawash Wastewater plant Upgrading level of treatment from primary to secondary treatment for the whole capacity of the existing wastewater plant 1,200,000 m3/d 5 Consortia have been qualified on March 2010 Q4/2010 Q4/2011
Roads Highways
4 Rod El Farag access Construction, operation and maintenance of Rod el Farag access. The project will connect the existing ring road around Cairo with Cairo - Alexandria highway, with total length of 34 km. Feasibility studies are being updated for tendering within the coming month Q4/2010 Q4/2011
49
PPP Projects

• Planned projects
• These projects are being studied at the PPP
  central unit and are expected to be tendered
  within the first quarter of the FY 2012/2013

Roads Highways
Shobra-Banhaa Free way An MOU has been singed with the national bank of Egypt to implement the remaining financial and economical studies of the project and evaluate the available different sources of finance .
CIT
Smart village in Maadi
Ports
Safaga Industrial port.
Waste management
Four projects in electricity generation from waste in four governorates Cairo, Alexandria, one in Delta and another in Upper Egypt - to be determined. Recycling agricultural waste for fertilizers production and befouls.
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The General Authority for Investment and Free
Zones
Who We Are GAFI is the principal governmental
authority concerned with regulating and
facilitating investment and stands ready to
assist investors worldwide. Vision Position
Egypt as the location of choice for business and
innovation Mission Enabling and sustaining
Egypts economic growth through investment
promotion, facilitation, efficient business
services and advocacy of investor friendly
policies. Mandates Promoting Egypts potential
sectors while attracting new investments and
promoting reinvestments and expansions.
Facilitating and providing services to investors
through the One Stop Shop in addition to
supporting and accelerating the development of
competitive and strategic clusters. Contact
GAFI www.gafinet.org
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Thank you