Egypt's journey of transformation and growth shines at Hekayet Watan conference.
Egypt's journey of transformation and growth shines at Hekayet Watan conference - Press Photo
Dr. Abeer Essam, Head of the Arab Council of Businesswomen and member of the Egyptian Union for Investors Associations, took part in the "Hekayet Watan: Between Vision and Achievement" conference held in the New Administrative Capital, underscoring the remarkable strides Egypt has made in various economic, social, and developmental sectors during President Abdel Fattah El-Sisi's tenure.
Dr. Abeer Essam noted that the "Hekayet Watan" conference serves as a clear testament to Egypt's undeniable achievements under President El-Sisi's leadership.
It showcases the nation's economic, social, and developmental accomplishments, leaving no room for doubt about the scale of progress witnessed across these domains.
Over the past decade, Egypt has achieved unprecedented success in enhancing the business climate for both foreign and domestic investments. The nation has made significant strides in infrastructure development, roads, electricity, streamlined procedures, and the enactment of investor-friendly laws, making it an attractive hub for investment.
This growth has solidified Egypt's position as a regional investment magnet, especially amid rising global production costs and the economic challenges companies face in energy and supply chain sectors, among others.
Furthermore, Dr. Essam commended the bold decisions taken by the Supreme Investment Council. These include the removal of restrictions on foreign property ownership and the simplification of processes related to citizenship and residency.
These decisions are catalysts for real estate exports and have captured the attention of investors and capital seeking stability, growth opportunities, and market access.
Dr. Essam emphasized that the New Administrative Capital and smart cities spanning various governorates represent pivotal turning points that have reshaped Egypt's landscape.
They serve as clear evidence of urban and civilizational development, reflecting the government's efforts in implementing numerous new housing projects to provide decent living conditions for citizens and eliminate informal settlements. Additionally, Egypt has undertaken thousands of major national projects, achieving unprecedented milestones in its history.
