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11 Nov 2021

During his visit to New Valley: The Prime Minister witnesses the opening of the ISC in the government

Today, during his visit to New Valley Governorate, Prime Minister Dr. Mostafa Madbouly and his companions witnessed the opening of the ISC in Kharga City.
The Prime Minister stressed that the State is working to provide various services and facilities to investors, attract investments, pointing to the government's continuous efforts to improve the investment environment in Egypt during the coming period.
The ISC was established in New Valley as part of GAFI's plan to expand the establishment of ISCs in all governorates. It was established on a surface area of about 2500 square meters, of which the center’s building occupies an area of 600 square meters and consists of two floors; ground and first.
The ISC provides its services to 1200 companies working in various investment sectors and activities. The most important services provided by ISC are the services of incorporating companies and all types of establishments, the approval services for amendments and extraordinary general meetings, approval services for ordinary general meetings and boards of directors. In addition, ISC provides technical services such as issuing import and export certificates, approving import and export bills, as well as government services such as recommendations for granting residency to foreigners, publishing in the investment gazette, and services relating to the committee determining the activity start date and the operational progress.
The external entities existing in the ISC are the Chamber of Commerce, the Real Estate Registration and Notarization Department, the Egyptian Tax Authority, the National Organization for Social Insurance, the Commercial Register, and the Bar Association