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Article: EGYPT: DECLINING FOREIGN INVESTMENT.(Brief Article)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- February 15, 2000
CopyrightCOPYRIGHT 2000 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to Alalam Alyoum magazine (February 13, 2000), economic experts said that the level of foreign investment in Egypt is too low in comparison with the country's GDP, which is valued at EP 300 billion. In order to achieve a 7% annual growth rate, the aggregate value of foreign investment in Egypt must exceed EP 100 billion. Presently, this ...