Mohamed El-Gawsaky, CEO of the General Authority for Investment and Free Zones (GAFI), said Egypt offers a strong and stable investment environment, supported by comprehensive economic reforms and clear policies aimed at streamlining procedures, reducing costs, enhancing transparency and facilitating access to European, African and Middle Eastern markets.
El-Gawsaky said these advantages position Egypt as an ideal base for expanding business and production across key sectors, including industry, manufacturing, logistics, renewable energy and digital transformation.
He made the remarks during GAFI’s participation in the Egypt-Türkiye Business Forum, held under the theme “Economic Opportunities for a Strategic Partnership”. The forum brought together senior government officials and business leaders from both countries and was attended by around 400 Egyptian and Turkish companies, underscoring the depth of economic ties between Cairo and Ankara.
El-Gawsaky highlighted the strategic nature of Egyptian-Turkish relations, noting that the two countries’ geographic locations and economic capabilities create strong opportunities for expanding partnerships and exchanging expertise.
He added that Egypt is translating positive economic indicators into tangible outcomes by offering bankable investment opportunities and fostering a business-friendly environment. Digital transformation, he said, plays a central role in streamlining procedures and accelerating investment projects, ensuring high levels of transparency and efficiency in services provided to investors.
El-Gawsaky stressed that clarity and transparency form the foundation of Egypt’s cooperation with its partners, alongside a focus on sustainable development through collaboration rather than competition. This approach, he said, aims to generate genuine investment opportunities and support shared economic growth benefiting both the Egyptian and Turkish peoples.
He further noted that Egyptian-Turkish relations have played a key role in supporting Turkish investments in Egypt and enhancing industrial and technological integration between the two countries, contributing to job creation and sustainable development on both sides. He added that GAFI offers a package of incentives and fast-track measures, including the Golden Licence, while facilitating all necessary procedures to address challenges faced by Turkish investors.
El-Gawsaky also pointed to industrial and investment integration, combined with digital transformation, as a promising avenue for deepening cooperation between Egypt and Türkiye. He said Egypt is consolidating its position as a regional hub for investment and production, supported by strong political will, advanced infrastructure and a clear vision for sustainable economic growth.
For his part, Adel Lamie, board member of the Egyptian Businessmen’s Association and co-chair of the Egypt-Türkiye Business Council, said the forum represents a real opportunity to launch new economic partnerships and reflects the strength of bilateral economic relations. He stressed the importance of adopting a forward-looking, development-oriented vision based on integration to boost trade and investment flows, anticipating a broader presence of Turkish products in the Egyptian market and Egyptian products in Türkiye in the coming period.
The forum was held as part of Egypt’s efforts—led by the Ministry of Investment and Foreign Trade and GAFI—to support economic partnership with Türkiye. It provided a platform for direct dialogue between government institutions and the business community, aimed at fostering a stable and attractive investment climate and opening direct channels of communication to support mutual investments and shared interests.
