Chief Executive Officer of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba and Chief Executive Officer of Enterprise Georgia Mikheil Khidureli inked a memorandum of understanding on boosting cooperation and investment between Egypt and Georgia.

This came on the sidelines of the Egyptian-Georgian business forum hosted by GAFI on Monday.

The forum is a platform to launch a new stage of increased economic and investment cooperation between both countries, Heiba said.

He reviewed the tax incentives presented by the Egyptian government and investment opportunities in the sectors of industry, logistics and green economy especially that Georgia has a great expertise in the production of renewable energy and recycling of waste.

Source: State Information Service Egypt