Cairo: CEO of the General Authority for Investment and Free Zones (GAFI), Mohamed El-Gossaki, emphasized that the strategic relations between Egypt and Turkey are fundamental to enhancing economic partnerships and facilitating the exchange of expertise. He highlighted that both countries' geographic and economic positions present promising opportunities for industrial and investment integration.According to State Information Service Egypt, El-Gossaki made these remarks during GAFI's participation in the Egypt-Turkey Business Forum. The event, themed "Economic Opportunities for a Strategic Partnership," saw high-level participation from senior government officials and business leaders from both nations. Approximately 400 Egyptian and Turkish companies were in attendance, showcasing the depth of bilateral economic cooperation.El-Gossaki was joined at the forum's opening session by Adel Lamei, Board Member of the Egyptian Businessmen's Association and co-chair of the Egypt-Turkey Business Council. El-Gossaki stated that the forum supports strategic economic integration under the auspices of Egyptian President Abdel Fattah El Sisi and Turkish President Recep Tayyip Erdogan. He emphasized Egypt's efforts to convert positive economic indicators into tangible results by offering actionable investment opportunities and fostering an attractive business environment. Digital transformation is a key tool in facilitating procedures and accelerating project implementation while maintaining transparency and efficiency in investor services.He further noted that the government is committed to principles of clarity and transparency as a basis for cooperation with international partners. This approach aims to achieve sustainable development through collaboration, creating real opportunities for investors and supporting shared economic growth for both the Egyptian and Turkish peoples.El-Gossaki pointed out that Egypt offers a robust and stable investment environment, underpinned by comprehensive economic reforms and clear pol icies focused on simplifying procedures, reducing costs, and enhancing transparency. The country provides easy access to European, African, and Middle Eastern markets, making it an ideal base for expansion in sectors such as industry, manufacturing, logistics, renewable energy, and digital transformation.He underscored that Egyptian-Turkish relations are crucial for supporting Turkish investment in Egypt and promoting industrial and technological integration, which contributes to job creation and sustainable development. The authority provides a suite of incentives, including the 'Golden License,' and facilitates procedures to eliminate obstacles for Turkish investors.El-Gossaki added that industrial and investment integration, along with digital transformation, offer significant opportunities to deepen bilateral cooperation. He noted that Egypt continues to establish itself as a regional hub for investment and production, supported by political will, advanced infrastructure, and a clear vision for sustai nable economic growth.Adel Lamei, for his part, stated that the forum represents a genuine opportunity to launch new economic partnerships and reflects the strength of Egypt-Turkey economic ties. He stressed the importance of a forward-looking vision based on development and integration, which would increase trade and investment exchanges and expand the presence of Turkish products in the Egyptian market and vice versa.The forum underscores Egypt's commitment, represented by the Ministry of Investment and International Trade and GAFI, to support economic partnership with Turkey. It aims to enhance direct dialogue between government entities and the business community, create a more attractive and stable investment environment, and foster mutual investments and shared interests.
Egypt-Turkey Strategic Relations Foster Investment and Expertise Exchange
MOST POPULAR POSTS
FM Heads to Amman for Arab League Ministerial Meeting
June 22, 2026
218th Humanitarian Aid Convoy Enters Gaza
June 22, 2026