The Egyptian Prime Minister assured fiscal and administrative support for investors. PM Ahmed Nazif, while
speaking the opening session of the second investment conference on Wednesday, announced various
measures that the government plans to initiate for investors.
Nazif assured that the government would follow a transparent, firm and consistent policy for investors. Egypt will also cut taxes by half and ease obstacles faced by investors, especially in the regards to various tariffs.
The conference is attended by 500 leading businessmen from Egypt, Arab and Western countries as well as representatives from 15 international organisations.