Representative Ayman Mohsf: The new procedures for encouraging investment are a real translation of the recommendations of the national dialogue

Dr. Ayman Mohsef, a member of the House of Representatives and decision of the Investment Priorities Committee for the National Dialogue, stressed that President Abdel Fattah El -Sisi’s recent directives regarding the preparation of the investment climate reflects the serious political will to stimulate the national economy, by facilitating the business environment, and providing real facilities for investors, in a way that contributes to attracting foreign direct investments and increasing the volume of local investments, explaining that the presidential decisions regarding the replacement of multiple fees are Which is imposed by the various bodies with a unified tax on a net profit represents a qualitative shift in the way to deal with the investor.

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& nbsp; It enhances the competitiveness of the Egyptian economy regionally and internationally, adding: & quot; In addition to activating the platform of the economic entities and unifying the collection entity, and the accompanying trend towards reducing the time of customs release, all of which reflect the state’s awareness of the importance of time for the investor, which will actually translate in improving Egypt’s arrangement in the indicators of international business. & Quot;

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& nbsp; In the national dialogue, the recent reducing interest rates by the Central Bank constitutes one of the most prominent tools that will contribute to stimulating investments, especially in the productive sectors, explaining that the low cost of borrowing opens new horizons for the private sector to expand its projects and increase production capacity, which is integrated with the state’s vision to enhance the role of the private sector as a basic partner in Development. In support of the exporters, and the provision of the incubating environment for innovation and production, pointing out that the new policies adopted by the state represents a true translation of what was agreed upon in national dialogue sessions, including giving absolute priority to attract investments, maximizing the benefit of the state’s assets, and expanding partnerships with the private sector

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