- Cabinet tasks GAFI-owned Misr Investment for Development with leading urgent digital transformation projects targeting faster, simpler services for businesses nationwide.
- Projects include a unified platform for company incorporation, operations, liquidation, licensing, and utility connections across sectors and investment activities nationwide.
- The move centralizes services on Egypt Digital Platform, cutting approval timelines and easing permits for local and foreign investors alike.
Unified Platform
The Egyptian Cabinet approved assigning Misr Investment for Development (MID), a company wholly owned by the General Authority for Investment and Free Zones (GAFI), to implement and oversee urgent projects related to the Authority’s digital transformation file.
This approval comes as part of efforts to provide further facilitation for the business and investor community. It also comes as part of efforts to create an investment-friendly environment for both local and foreign investments.
Company Services
The urgent projects include establishing a unified platform to deliver services for the incorporation, operation, and liquidation of projects and companies. It also includes services for obtaining licensing services and connecting utilities related to company operations across various activities and services.
This aims to unify service delivery through the Egypt Digital Platform (منصة مصر الرقمية). Additionally, it aims to enable investors to obtain approvals, permits, or licenses through simpler procedures and within shorter timeframes.
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