A study to increase investments in Egypt

The investment committee formed inside the economic committee in the national party in Egypt has completed a study on ways of the foreign investment flow to Egypt and improving the conditions in stumbled establishments. The study has reached several measures that can be reached in order to encourage the flow of capital flows into the Egyptian economy.

The chairman of the economic committee at the party Samir Touba said that economic indicators in the current phase note the wide gap between the needed investment for development and available savings from local resources and to increase economic growth averages so as to surpass the average increase in population and this is to attain a proper increase in the living conditions of the citizen.

Touba explained to achieve this target during the five coming years it will be needed to pump more investments to achieve higher growth rates rating between 7 to 8 %.

He also added that the study dealt with challenges facing foreign investments in Egypt and means of encouraging the flow of investment.