The new investment law gives more powerful guarantees to investors that there will be no policy reversals, Egyptian Investment Minster Ashraf Salman has said.
He added that the law aims to improve the domestic investment environment by adopting more flexible and practical strategies, Salman said on Wednesday on the sidelines of a government summit in Dubai.
"The law will be ready before the economic conference in March," he stated.
A one-stop-shop system will soon be activated so that the government acts on behalf of investors in dealing with state bodies, the minister said.
The government will also find an effective mechanism to solve business disputes, he added.
Source: MENA
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