"Investment without Challenges" initiative launched to communicate with investors

CAIRO - 18 March 2019: The Investment and International Cooperation Ministry launched "Investment without Challenges" initiative addressing problems that face individual investors and providing an effective channel for communication with them.

The initiative is part of an all-encompassing system established to ensure timely follow up, accelerate problem-solving for investors, complement efforts to facilitate the investment process and eliminate hurdles faced by businessmen, said a statement released by the Investment Ministry on Monday.

An email address (support@miic.gov.eg) and hotline (16035) have been dedicated to this purpose to ensure effective response and speedy communication with investors.

The ministry solved 1,569 problems for investors out of 1,874 received, of which 43 concerned large companies, in the sectors of industry, tourism, agriculture, trade, real estate development, transportation, mining and health, with investments worth EGP 13 billion.