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Supervisor
Elham AbolFateh

Egypt

GAFI: Austria`s investments in Egypt reach $ 26 mln

Saturday 15/December/2018 - 05:23 PM
General Authority
General Authority for Investment and Free Zones
Ahmad El-Assasy
General Authority for Investment and Free Zones (GAFI)revealed that Austria`s investments in Egypt is ranked No. 58 between foreign countries investing in Egypt by a total capital about $ 74 million.

In a statement, GAFI pointed out that the Austria`s investment in the Egyptian territories amounting about $ 26 million in 138 companies during the period between January 1970 to early this year.

The Austrian investments come in the various sectors of industry، services، tourism، finance، communications and information technology.

A delegation of leading Austrian companies is expected to visit Egypt next February، to know the investment map of the country and discuss way to increase their investments during the coming period.

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