Egypt and Tunisia hold the fourth meeting of the technical committee to strengthen investment cooperation between the two countries.
The General Authority for Investment and Free Zones hosted the fourth meeting of the Egyptian–Tunisian Technical Committee for Investment Cooperation over three days, in implementation of the memorandum of understanding signed between the two sides in May 2022 to enhance bilateral investment relations. The meeting was chaired by Mr. Yasser Abbas, Deputy CEO of the Authority, representing Egypt, and Mr. Jalal Al-Tayeb, Director General of the Foreign Investment Promotion Agency, representing Tunisia.
Participants included Ms. Nadia Al-Tawil, Senior Director at the General Promotion Department of the Agency, Ms. Dohaa Al-Shwaikh and Mr. Ezz El-Din Shweiref, representatives of the Tunisian Embassy in Cairo, as well as Engineer Naji Abu Al-Ala, Advisor to the CEO of the Authority, and several officials from relevant departments.
Mr. Yasser Abbas emphasized that this cooperation stems from the fraternal ties and close historical relations between Egypt and Tunisia, and from the shared mission of both the Authority and the Tunisian Agency to attract more investments to support economic development in both countries. He highlighted the commitment of both sides to overcoming obstacles facing the investment system and to enhancing the exchange of expertise and technical knowledge, thereby improving the investment climate and achieving mutual interests. He also invited Tunisian businesspeople to strengthen their presence in Egypt and explore promising opportunities, affirming the Authority’s readiness to provide all facilities, especially with the expansion of digital transformation services.
For his part, Mr. Jalal Al-Tayeb expressed gratitude for the warm reception and hospitality extended to him and his delegation, stressing the need to combine efforts to raise the level of investments between the two brotherly countries and open new horizons for sustainable development and shared prosperity.
During the meeting, the Egyptian side presented key reforms undertaken by the government to improve the business environment, including updating economic legislation, developing infrastructure, adopting the State Ownership Policy Document, simplifying procedures through investor service centers, offering diverse investment incentives and customs exemptions, establishing the “Golden License” unit, and implementing investor guarantee systems to enhance confidence and stability. The role of effective investor care in attracting new investments was also emphasized.
The Tunisian side presented a comprehensive overview of the Foreign Investment Promotion Agency, highlighting its strategy and role in strengthening Tunisia’s attractiveness as a regional investment destination, particularly by supporting the country’s transition to a knowledge economy and attracting value-added investments in technology, renewable energy, and advanced industries. The presentation also showcased Tunisia’s investment advantages, such as its strategic location, skilled workforce, modern infrastructure, and extensive free trade agreements, along with its incentive system offering financial and tax benefits, exemptions, and support for investment and training costs, especially in inland regions and innovative sectors. Efforts to improve the business climate through simplified procedures and enhanced international partnerships to integrate Tunisia into global value chains were also underscored, contributing to job creation and economic growth.
The program included a tour of the Decision-Making Room at the Authority’s headquarters, introducing the investment map as a key tool for promoting investment in Egypt, as well as the Investor Service Center, which facilitates all administrative procedures related to the investment process.
On the second day, presentations were given on Egypt’s free zones, covering their management and operation, as well as investment zones, including the criteria and regulations for establishing them, their management frameworks, and advantages. The day concluded with field visits to the Leoni factory for manufacturing electrical harnesses and Mintra for producing stationery in the Nasr City public free zone.
On the third day, a visit was organized to the headquarters of the General Authority of the Suez Canal Economic Zone to learn about Egypt’s pioneering experience in developing special economic zones and enhancing their attractiveness for high value-added investments.
The committee concluded its work by signing the minutes of the fourth session and agreeing to hold the fifth session of the Egyptian–Tunisian Technical Committee for Investment Cooperation in 2026.
