GAFI, Mars Wrigley probe investment cooperation

CAIRO - 9 July 2020: CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed Abdel Wahab held a meeting on Thursday with Dina Saleeb, CEO of Mars Wrigley, a leading US company specialized in food industry.

The meeting dealt with the US company’s investment plan during the coming phase which includes pumping new investments and expanding the production lines of the company in the industrial zone in the 6th of October city.

Abdel Wahab said GAFI meetings with foreign companies operating in Egypt is part of the directives of Prime Minister Mostafa Madbouli to encourage the private sector to invest in Egypt and create an atmosphere fit for investments in various domains, a matter that contributes to increasing growth rates and creating more job opportunities.

Mars Wrigley uses Egypt as a center for exporting its products to more that 30 countries in the Middle East, Africa, Asia and Australia.

Saleeb said her company’s investments in Egypt reached 200 million dollars, pointing out that the company looks forward to pumping more investments in the Egyptian market to create more job opportunities.

Abdel Wahab said GAFI is keen on communicating with investors to improve the business atmosphere promising that the government will continue to exert its utmost to overcome problems hindering investments.