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Sunday, 24 February 2019

GAFI agrees to set up Aswan freezone to attract USD 2.1 bn investments

The General Authority for Investments (GAFI) has agreed to build a freezone in Aswan with the aim of attracting USD 2.1 bn investments, according to an Investment Ministry statement. The initiative aims to attract 160 projects in various fields, including fish manufacturing and packaging, programming and ready-made garments. The freezone will primarily export products to Sudan and Nile basin countries.

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