GAFI Chairman Follows up Development of Port Said Free Zone 

Mohamed Abdel Wahab, Chairman of the General Authority for Investment and Free Zones (GAFI) followed up the executive position for developing the Port Said Free Zone, to prepare it to accommodate the activities of the projects operating within it.

Abdel Wahab announced the goals and steps for developing the free zone during his meeting with Adel Al-Ghadban, Governor of Port Said, and the governorate's investors.

He said that the development plan includes facilities such as roads, water, sanitation and rain drainage networks, within a specific timetable, in order to ensure the sustainability of the work movement within the region.The meeting also included discussions on the investment opportunities available in the governorate and strategies to break challenges facing investors as well as ways to attract new investments through a partnership between the authority and the governorate that would help develop hundreds of industrial and service activities that provide job opportunities for the governorate.

Abdel Wahab said that this visit comes within a program of visits that includes a number of governorates to determine the state of investment in them and to discuss necessary support for investors throughout the country.

He stressed that the aim of the visit is to provide all necessary support to push forward the investments and yielding fruitful results that benefit the Egyptian economy.

On his part, Adel Al-Ghadban referred to the support given by the state to encourage investment and implement development programs in all sectors.

The governor also referred to the facilities that are provided to investors in the governorate to attract new investments and the continuous follow-up of the various activities on the governorate's land through the the Authority, and the investors and businessmen associations.

During the meeting, they also discussed ways to face the various challenges facing investors, expand their projects, and motivate them to pump more investments in the governorate.