Since the beginning of the nineteenth (90thcentury), the government of Egypt has started in implementing an ambitious program for financial and economic reform. Egyptian economy has realized a progression at regional level that enabled it to attain a high level international status, as Egypt enjoys a distinguished strategic location that enables it to become an important trade center: in the existence of Suez Canal which is considered most important international trading artery in addition to the presence of several big ports: Alexandria, Port Said, Damietta, Safaga… etc.
Egypt has preceded a rational policy to fulfill economic development through encouraging investment, attracting Arab and foreign investors to invest in Egypt. . In order to achieve this, Egypt has undertaken many policies and procedures whether economic or financial as shown below:
1st section: Internal Investment:
Included the following activities:
High seas maritime transport including:
2nd section: Free zone investment system:
In respect to maritime transport activity and navigational services, this system includes renting and owning high sea vessels, and different cargo and containers’ transport services, stevedoring and maintaining all types of tools and equipment.
All over the republic there are 7 free zones amongst which 4 concerns maritime transport sector including the following:
In order to facilitate and provide best service for investors, investment services complex has been established to gather all entities that investor deal with in one place; at the authority’s headquarters to be capable of revising all procedures and facilitating for investor easily dealing with different entities where “Current Informatory Unit” answers any investor’s inquiries and explain required procedures and show required documents for companies’ foundation and also providing them with any information or publications.
Laws Guarantees for investors:
Taxes and Custom exemptions:
Concerning free zones projects
Concerning internal investment projects
