Egypt welcomes Sudanese investments in Qena, Aswan

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Sun, 26 Jan 2025 - 12:48 GMT

BY

Sun, 26 Jan 2025 - 12:48 GMT

CAIRO – 26 January 2025: CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba invited the Sudanese business community to inject investments in Qena's Qeft located only 170 kilometers away from the Port of Safaga, as well as Aswan's free zone where utilities are being introduced.

 

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Heiba made the statements during the Egyptian-Sudanese Business Forum announcing that incentive programmes were being prepared for young Sudanese business people.

 

The size of Egyptian investments in Sudan is $1 billion, while that of Sudanese investments in Egypt is $240 million. As for the trade exchange between the two countries, it amounted to $1.4 billion.

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