Under this investment regime, the investor bears the cost and development work of all infrastructure, services and utilities implementation needed at the zone.
Companies established in investment zones are exempted from stamp and documentation taxes, for a period of five years, starting from the date of registering the company at the Commercial Register. Contracts for land registration are also exempted.
The board of directors of the General Authority for Investment Free Zones (GAFI) approved in November 2017 the establishment of an investment zone in Qalyubia, dedicated for Small and Medium Enterprises (SMEs), over 36 acres, at Arab Oliqat, Al-Khanka. It also targets food and beverage manufacturing industries.
In September 2017, GAFI signed a Memorandum of Understanding (MoU) with Singapore Engineering and Contracting Group (SECC) from Singapore to develop investment zones in Qena, Kafr el-Sheikh and Qaliubya Governorates.