Where to invest in Egypt
Egypt in north east Africa has been a country which has witnessed lot of ups and downs in recent few years, but the country is now getting back on track. Investors are now seeing Egyptian market as a fruitful and futuristic market encouraging more and more investors to come and invest here. The amount of potential this country veils is ample and this is what even experts say and believe. Making investments in Egypt now can be a wise decision. The location of the country and the anticipated growth of economy of Egypt are some other reasons why one must invest here.
Areas of investment
Investment opportunities which you can find in Egypt are many, just few places where taking this step can help you reap amazing benefits are
- Egyptian oil, gas and petrochemical industries, which are emerging as the most potential investment opportunities in Egypt
- Asset acquirement
- Oil and gas production and exploration
- The new petrochemical projects
- New third generation refinery which seems to be a world-class plan
- New joint mega LNG projects
- In shares of great companies in Egyptian stock market
- In industries employed in manufacturing of oil and gas materials, equipments and service activities
- In Upper Egypt
Reasons to invest in this African country now
Foreign investors have considered Egypt as an opportunity veiling sector and have helped in creating prolific relationships with companies on both domestic and international fronts. The government too in order to make investments more lucrative and simplified for foreign investors has made many institutional and legal reforms here, tax redemption, Decreased tariff rates, Revitalization of assets, growth in financial sector, free trade agreements, low prices of lands, easy dispute settlements and addition of new trading opportunities, are few of the steps undertaken here.
Sectors where you can invest
Egypt is progressing in every sector, but few sectors where making an investment can really pay you off well are mentioned here. These include Productive sectors, Tourism sector, Petroleum sector, Agricultural sector, Industrial sector and Real estate sector.
Egypt as an outsourcing location
Egypt is quickly positioning itself as a leading outsourcing location in the global market. The country is now involved in offering services to many places like the USA, Canada, UK, mainland Europe, Sub-Saharan Africa, APAC and the Middle East. The excellent command and fluency over spoken and written English is one major reason and also other languages in which Egyptians have a good command are French, German, and Spanish.
The bottom line
Overall investing in Egypt now is a very fruitful step to enhance substantial growth with enhanced chances of succeeding. Sound reforms, public initiatives and an educated and healthy labor force, plenty of natural resources and more such factors have helped Egypt in becoming a prime destination for global companies and investments. Thus, investment opportunities in Egypt are not few but many and it’s the best time for MNC’s, foreign investors and big corporations to take this decision right now.
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