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29 Sep 2021

The Prime Minister witnesses the signing ceremony of a cooperation protocol on the first e-offering of a number of agricult

​The Prime Minister witnesses the signing ceremony of a cooperation protocol on the first e-offering of a number of agricultural and residential development clusters in Sinai Dr. Mostafa Madbouly, Prime Minister, witnessed today at the House of Representatives headquarters the signing ceremony of a cooperation protocol on the first e-offering of a number of residential and agricultural development clusters through contracting under the system of ownership, between the General Authority for Investment and Free Zones (GAFI) and the governorates of North and South Sinai, and in the presence of Mr. Mahmoud Shaarawy, Minister of Local Development. The protocol was signed by Mr. Khaled Fouda, Governor of South Sinai, Mr. Mohamed Abdel Fadil Shousha, Governor of North Sinai, and Counselor Mohamed Abdel Wahab, GAFI CEO. This protocol aims to let GAFI implement the e-offering procedures for 17 development residential and agricultural clusters with a surface area of 5705 feddans. It will also provide 1141 opportunities in accordance with the terms, controls and provisions of Law No. 14 of 2012, its executive regulations, and their amendments regarding integrated development in Sinai Peninsula, and in accordance with the conditions booklet prepared by the two governorates in this regard, through GAFI's investment map website. The protocol also aims to implement the procedures of the electronic lottery for the submitted applications, and to announce its results through the aforementioned website. After signing the protocol, the Prime Minister stressed that signing this protocol comes within the framework of the political leadership’s directives towards continuing the comprehensive development efforts in Sinai Peninsula, especially land reclamation projects, which aim to increase the agricultural area in Sinai, establish development and residential communities, and settle a number of Egyptian families and citizens from different governorates in Sinai; by maximizing the economic and agricultural returns, providing job opportunities to counter the population increase on one hand, as well as achieving optimal utilization of resources, and providing a decent life for citizens on the other hand. On his part, Counselor Mohamed Abdel Wahab indicated that GAFI is considrerd as a public economic authority specialized in regulating investment in Egypt and working to encourage it, in addition to developing, managing and promoting its affairs in a way that achieves economic development plans. Moreover, GAFI is responsible for making a database and a map of available investment opportunities and projects, as well as targeted investment activities and following them up through the investment map, which contributes to facilitating all matters for investors as well as stimulating and encouraging investment in all fields to support the Egyptian economy and achieve comprehensive development. GAFI Translation Department The General Authority for Investment and Free Zones Page 2 of 2 GAFI Translation Department–Tel. + 2026736900-5. Ext: 2745 – 2748. Fax: 2745. -Mob. 201114650550 Email: m.fayez@gafinet.org.eg GAFI CEO explained that these clusters will include 10 development clusters in North Sinai and 7 development clusters in South Sinai, noting that each opportunity includes an area of 5 agricultural feddans, completely provided with utilities, and a house with an area of 200 m2 , and such opportunity will be under the system of ownership. In reference to the offering process, Counselor Mohamed Abdel Wahab indicated that the entire process will be completely electronic during all its various stages, starting from checking and withdrawing the terms of reference, moving to the possibility of paying any fees, conducting the lottery and announcing the results electronically through GAFI's investment map website www.investinegypt.gov.eg, during the period between October 6, 2021 and November 5, 2021, and submitting and uploading documents electronically on the same website during the period between October 6, 2021 and December 31, 2021. He added that due to GAFI's keenness to support and assist citizens, and facilitate the application procedures of such offering, an operations room was established to assist citizens in the application process, with telephone numbers to communicate with the room, and those in charge of the process of receiving such applications were trained in the governorates of North and South Sinai. In addition, 3 offices equipped with GAFI’s Investor Service Centers (ISCs) will be available to assist in submitting such applications electronically, noting that two of these offices are located at the ISC in Ismailia, one of them is allocated to North Sinai Governorate, and the other to South Sinai Governorate, while the third office is located at the ISC at GAFI's headquarters in South Sinai. He also pointed out that all citizen services offices in the governorates of North and South Sinai will be available to assist in submitting such applications electronically