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11 Aug 2020

GAFI CEO Discusses "Amazon" Plans in Egypt


Mr. Abdel Wahab: GAFI will provide the necessary support for Amazon to expand its activities, implement digital transformation plans, and manufacture its own products locally.
Mr. Al-Sahi: We have great confidence in the promising Egyptian market ... we are keen to expand and provide distinct services to the citizen.
In light of the growing importance of e-commerce, GAFI CEO, Counselor Mohamed Abdel Wahab, met with MR. Omar Al-Sahi, the General Manager of "Souq.com" (an Amazon-company), in the presence of Dalia Saif, Head of Public Policies and Regional Director of Operations at Amazon, to discuss Amazon's current and future plans in the Egyptian market.
The company exhibited its investments in Egypt; it provides nationwide delivery services through more than 10 distribution centers, it has about 1000 employees, in addition to a group of delivery partners with whom it works. Such confirms the desire of Amazon to continue expanding in the Egyptian market and provide a range of various services such as artificial intelligence, and expansion of digital payment services.
It also indicated its support for the ambitious digital transformation plan being implemented by Egypt. Amazon officials discussed with Counselor Mohamed Abdel Wahab the company's plans to introduce the latest logistical technologies to the Egyptian market; transforming warehouses and distribution centers to work in a more advanced digital and technological manner.
During the meeting, the two sides discussed Amazon's proposal to develop transportation services by regulating the use of private cars to transport light goods, in addition to supporting governmental companies and Egyptian public business sector companies to benefit from e-commerce platforms. Ways to support startups, small and medium enterprises (SMEs) were also discussed, in line with the State's efforts to promote these companies by helping them display their products on Souq.com platform, in addition to providing instructions on how to sell their products and do marketing online.
“We have great confidence in the promising Egyptian market. We are keen to expand and provide distinct services to the citizen that allow him/her to obtain his/her needs of local products in Egypt, which contributes to supporting the local industry through our platform and we will continue to work side by side with all the State institutions with the aim of achieving this objective. ", Mr. Omar Al-Sahi said.
In the same context, GAFI CEO explained that GAFI would provide the necessary support for the company to expand its activities, implement digital transformation plans, and manufacture its own products locally. In addition to the provision of the required spaces for the establishment of new warehouses and distribution centers for the company nationwide. He asserted the importance of supporting startups in marketing their products and opening new export markets for Egyptian products through e-commerce.
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Twitter : https://twitter.com/GAFI_EGYPT

Linkedin : https://www.linkedin.com/company/general-authority-for-investment-and-free-zones/