Egypt 2030 Vision. Investment Opportunities in EgyptHosam Emira
Investment Opportunities in Egypt
Egypt’s 2030 vision plans to develop a competitive, balanced and diversified economy. Supporting innovation and knowledge, social justice, economic development, and the environment. The sustainable development strategy is achieved through a collaboration system investing in human capital and diversified locations in Egypt to improve Egyptians’ quality of life that is built on transparency and social equality, That makes Investment in Egypt is a real opportunity.
Egypt’s fast-growing, young population of 105 million, diverse and expanding economy, and its strategic location linking the Middle East, Europe, Africa, and Asia all make it an ideal hub for regional and global investment. As an added incentive, a basket of beneficial trade agreements, including GAFTA and COMESA provide the country with favored access to regional growth markets. As Egypt enters a period of political and economic stability, and a reform-minded government carries out an overhaul of the country’s subsidy system, now is the time to invest in Egypt.
Egypt is one of the highest population densities and ranked 15 internationally and third in Africa. In January 2015, Egypt’s population reached 88 million according. Meanwhile, the estimated number of Egyptian abroad is 8 million according to figures released by the Ministry of Foreign Affairs.
Egypt has emerged as a consumer market of significant importance in the MENA region, as witnessed by the arrival of dozens of global brands and the sharp expansion of retail sales in the past years. This is partly due to the sheer size of Egypt’s population that puts it as the most populated country in Africa and the Middle East, as well as the fact that 50% of Egyptians are between the ages of 15 and 44. Egypt has access to large key markets through various multilateral and bilateral trade agreements with the USA, European Union, Middle Eastern, and African countries; which secure benefits to Egyptian-based producers supplying these markets.
Key global markets in Europe, the Middle East, Africa, and the Indian Subcontinent are all readily accessible from Egypt. Closer to the European and North American markets than other major exporters including India, China, and the Philippines, Egypt is also located on key international logistics routes.
Egypt benefits from the Suez Canal, which is considered to be the shortest link between the east and the west due to its unique geographic location. Approximately 8% of the world’s maritime shipping passes through the Suez Canal each year.
Truth Economic and Management Consultancy provides a selected Investment opportunity in major Sectors in Egypt.