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Egypt reduces licenses time for investment to 72 hrs
Egypt, Economics, 4/7/2005
"Obtaining new investment project licenses now takes only three days, compared to the previous 100 days, proudly announced the Minister of Investment," Mahmoud Mohi Eddin, yesterday. "We are working to squeeze this period into a few hours," added Mohie Eddin.
The Ministry is currently solving investment-related administrative problems as part of a government plan to streamline investment procedures.
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