Egypt’s public free zones attracted US$ 2 billion in FDI in 2016. Total investment cost in 2016 reached US$ 26 billion through a total of 1108 companies contributing with around US$ 10 billion to Egypt’s exports. The public free zones cover an array of sectors, most importantly: textiles; medical equipment; printing and storage. There are almost 183,000 people employed at Egypt’s free zones today.
In 2017, the General Authority for Investment Free Zones announced a strategy of establishing public free zones in every governorate. Currently, there are 8 governorates with such a dedicated investment zone.
Additionally, Egypt’s Investment Law allows for private free zone, which are independent manufacturing facilities that exist outside a public free zone, but enjoys the same merits and abides by the same restrictions.
For more information on how to invest in free zones visit www.miic.gov.eg/English/Investment/Pages/freeZones.aspx