Business Climate Review of Egypt

 

11 May 2014 - Cairo, Egypt

The OECD Business Climate Review (BCR) of Egypt was launched in Cairo on 11 May 2014 at the occasion of a “Debate on Business Climate Reforms in Egypt”, organised by the OECD in co-operation with the government of Egypt and the European Union and in partnership with business associations.

 

This event was open at Ministerial level (Dr. Khaled Hanafy, Minister of Supply and Internal Trade and Ms. Neveen Al-Shafei, Assistant Minister to the Minister of Trade, Industry and Investment (speech) and addressed by important private sector representatives operating in Egypt. It was attended by more than 120 participants including public and private representatives, commercial attaches of local Embassies and international organisations (agenda). It received wide press coverage.

 

The opening session recalled that Egypt is a land of opportunities for investment and business, noted the pro-investment stance of the current authorities and the momentum for business climate reforms, though challenges remain to rebuild confidence and credibility.

 

The subsequent debate focused on investment policies to retain and attract investors and public-private partnerships (PPPs) as a means to stimulate the role of the private sector. It intended to contribute to a wider national debate on business climate and prioritise actions to further advance both the public and private sector reforms agenda (conclusions).

 
From left to right:

  • H.E. Dr. Khaled Hanafy, Minister of Supply and Internal Trade
  • Dr. Alaa Ezz, Secretary General, Federation of Chambers of Commerce (FEDCOC) and Confederation of Egyptian European Business Associations (CEEBA)
  • Dr. Nader Riad, Chairman, CEEBA
  • Dr. Hassan Fahmy, Chairman, General Authority for Investment (GAFI)
  • Ms. Neveen Elshafei, Assistant Minister to the Minister of Trade,  Industry and Investment
  • H.E. Ambassador James Moran, Delegation of the European Union to Egypt
  • Mr. Ahmed El Wakil, Chairman, FEDCOC
  • Ms. Nicola Ehlermann-Cache, Acting Head, MENA-OECD Investment Programme, Global Relations Secretariat, Organisation of Economic Co-operation and Development (OECD)

 

 

 

   

 

Documents

‌‌‌‌‌Meeting Agenda

Opening remarks by Assistant Minister, Neveen El‐Shafei

Conclusions

Publication: English

BCR Egypt 2014 Publication Cover page

 

 

About the MENA-OECD Investment Programme

The key objective of the MENA-OECD Investment Programme is to mobilise investment — foreign, regional and domestic — as a driving force for economic growth and employment throughout the Middle East and North Africa region. The Investment Programme supports reform efforts of MENA governments to enhance the investment climate by:

The Programme is made up of 18 participating economies: Algeria, Bahrain, Djibouti, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Mauritania, Morocco, Oman, Palestinian Authority, Qatar, Saudi Arabia, Tunisia, United Arab Emirates, Yemen.

 

 

 

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