Elsewedy Group plans Egypt’s first private investment zone – GAFI

Egypt’s investment authority is partnering with Elsewedy Group to establish the country’s first private investment zone, aiming to streamline investor services and boost exports.

Mohamed El Gawsaky, executive director of the General Authority for Investment and Free Zones (GAFI), met with Ahmed Elsewedy‏, president of Elsewedy Electric, and Mohamed AlKammah, CEO of ELSewedy Industrial Development, to discuss the project. The zone will consolidate investor services in one location and include a dedicated customs office to speed import and export operations.

“The private investment zone system reduces the time from company establishment to market-ready products and cuts operational costs,” El Gawsaky said. Private sector investments accounted for 66 per cent of total investment in the first quarter of fiscal 2025/26, he noted.

Egypt currently hosts 12 public investment zones across six governorates, with 1,273 projects employing 77,500 people. The new private zone is expected to attract both local and international investors targeting global value chains.

Ahmed Elsewedy said Egypt’s stable economy and improved investment regulations have made the country an ideal expansion destination. “Our group has become a gateway for promoting Egyptian investment abroad, drawing European and Asian companies into the market,” he added.

Attribution: Amwal Al Ghad English