GAFI seeks to lure further Chinese investments to New Alamein City

Updated 4/22/2024 1:06:00 PM
GAFI seeks to lure further Chinese investments to New Alamein City

Arab Finance: The General Authority for Investment and Free Zones (GAFI) is probing attracting new Chinese investments to the New Alamein City's yet-to-be established free zone, according to a statement on April 22nd.

This came during a meeting between GAFI’s CEO Hossam Heiba and a delegation of Chinese government officials.

The meeting also touched upon the importance of fostering economic ties between Egypt and China under the Built and Road initiative.

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