Investors hoping to set up shop in Egypt run into red tape wrangles | The National

Investors hoping to set up shop in Egypt run into red tape wrangles | The National:

"The one-stop shop continues to be in vogue in Egypt, but investors wanting to set up a factory in the country should not expect quick results.

Although it is now relatively easy to establish a company, getting a licence to operate a factory is almost as cumbersome as it was before the General Authority for Investment and Free Zones (Gafi) set up a single window for investors more than a decade ago.

Before even applying for a licence, investors must typically locate a piece of land, establish a company and get an environmental assessment and a building permit from the local authorities."



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