Where To Invest In Egypt
Egypt has witnessed a lot of ups and downs in the recent few years, but the country is now getting back on track. Investors are now seeing the Egyptian market as a fruitful and future-oriented market and encouraging more and more investors to come and invest here. Egyptian oil, gas, and petrochemical industries are widely regarded as having the most potential right now in Egpyt, but there are also a few additional areas where it's worth thinking seriously about investing:
Making investments in Egypt is a very good idea and it's increasingly the new go-to investment location of the future. From its location to its resources and future growth expectations, Egypt has a ton of investment potential.
Areas Of Investment
Egypt has many prime investment opportunities. Some of the best sectors to research are
- Asset acquirement
- Oil and gas production and exploration
- New petrochemical projects
- New world-class third-generation refinery projects
- New joint mega LNG projects
- Buying shares of great companies in the Egyptian stock market
- Industries manufacturing oil and gas materials, equipment, and services
Reasons To Invest In Egypt Now
Egypt has been successful in appealing to foreign investors and in creating prolific partnerships with many international oil and gas companies. The support of the Egyptian government has been a driving force behind these successful partnerships and has helped the country emerge as a favored location for investment. There are many reasons which make investing in Egypt a wise decision. Decreased tariff rates, revitalization of assets, growth in the financial sector, free trade agreements, low land prices, easy dispute settlement methods, and the addition of new trading opportunities, are a few of the steps that have been taken to make Egypt a very attractive investment location.
Sectors where you can invest
Egypt is progressing in every sector, but a few of the true superstar sectors are the production sector, 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 companies headquartered in places like the USA, Canada, the UK, mainland Europe, Sub-Saharan Africa, APAC, and the Middle East. The excellent command and fluency in spoken and written English by Egyptians are one major reason companies are choosing to outsource here. Many Egyptians also have a good command are French, German, and Spanish.
The Bottom Line
Now is a great time to invest in Egypt. Sound reforms, public initiatives, and an educated and healthy labor force as well as plenty of natural resources have helped Egypt become a prime destination for global companies and investments.