Egypt’s GAFI touts green hydrogen, digital economy to woo investors at China’s FIC

Egypt’s General Authority for Investment and Free Zone (GAFI) highlighted renewable energy, green hydrogen, and digital infrastructure as priority sectors for foreign capital at the Future Investment Conference (FIC) in Xiamen, China.

GAFI Chair Hossam Heiba said Egypt is shifting away from “traditional development models” and adopting a strategy under Vision 2030 to build infrastructure and attract long-term flows, according to a statement from the authority on Tuesday.

He cited recent inflows into renewables, automotive, appliances, tourism, healthcare and ICT, as well as multi-billion-pound government spending on fibre-optic and 5G networks that have fuelled fintech expansion.

Egypt has also digitalised business incorporation, reducing costs and delays for investors, Heiba said. He argued that creating bankable projects in lower-risk environments will be essential for strengthening North-South investment ties and positioning emerging markets like Egypt as strategic destinations.

Taking place on September 7–8, 2025, FIC is initiated by United Nations Trade and Development (UNCTAD), in partnership with the China International Fair for Investment and Trade (CIFIT).

Attribution: Amwal Al Ghad English