The CEO of the General Authority for Investment and Free Zones (GAFI) Mohamed El-Gossaki said that strategic relations between Egypt and Turkey constitute a key pillar for strengthening economic partnerships and exchanging expertise.
He noted that the geographic and economic positions of both countries offer promising opportunities to support industrial and investment integration.
Gossaki made the remarks during GAFI’s participation in the Egypt–Turkey Business Forum, held under the theme “Economic Opportunities for a Strategic Partnership,” with high-level participation from senior government officials and business leaders from both countries and the attendance of some 400 Egyptian and Turkish companies, reflecting the depth of bilateral economic cooperation.
Joining Gossaki at the opening session was Adel Lamei, Board Member of the Egyptian Businessmen’s Association and co-chair of the Egypt–Turkey Business Council.
Gosqi said the forum supports strategic economic integration under the auspices of Egyptian President Abdel Fattah El Sisi and Turkish President Recep Tayyip Erdoğan.
He stressed that Egypt is working to translate positive economic indicators into tangible results by offering actionable investment opportunities and creating an attractive business environment, with digital transformation serving as a key tool to facilitate procedures and accelerate project implementation while ensuring transparency and efficiency in investor services.
He added that the government adheres to principles of clarity and transparency as a foundation for cooperation with international partners and seeks sustainable development through a culture of collaboration rather than competition, creating real opportunities for investors and supporting shared economic growth for the Egyptian and Turkish peoples.
Gossaki highlighted that Egypt offers a strong and stable investment environment, supported by comprehensive economic reforms and clear policies aimed at simplifying procedures, reducing costs, and enhancing transparency, with easy access to European, African, and Middle Eastern markets.
This makes Egypt an ideal base for expansion in industry, manufacturing, logistics, renewable energy, and digital transformation, he added.
He stressed that Egyptian–Turkish relations are central to supporting Turkish investment in Egypt and promoting industrial and technological integration, contributing to job creation and sustainable development.
The authority provides a package of incentives, including the “Golden License,” and facilitates all procedures to remove obstacles for Turkish investors.
Gossaki added that industrial and investment integration and digital transformation offer significant opportunities to deepen bilateral cooperation, noting that Egypt continues to consolidate its position as a regional hub for investment and production, supported by political will, advanced infrastructure, and a clear vision for sustainable economic growth.
For his part, Adel Lamei said 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 working according to 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 Egyptian products in the Turkish market in the near future.
The forum underscores Egypt’s commitment, represented by the Ministry of Investment and International Trade and GAFI, to support economic partnership with Turkey, 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.
