Clavis

As reflected in the article below, Egypt's investor-friendly environment continues to attract foreign investment.

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Monday August 24, 2009

Financial Times: Egypt ranks first in investment attraction in North Africa

Egypt ranks first in North Africa and second in the African continent in luring foreign investments, said an International Institution of Foreign Investments, an affiliate to the Financial Times.

The Institution said in a report on investment-friendly states, that Egypt topped the list in terms of the increase in the university admission rate along with the human resources and the number of international schools compared with other African countries.

Rwanda , Ghana and Malawi are on the top of the list in terms of the low costs in wages and production, the report said.

The report, which included 59 African countries, mainly depended on a number of key indicators that comprised the economic capabilities of the country, infrastructure, human resources as well as efforts to lure investments.

Moreover, the Financial Times report pointed that Egypt was appraised highly in all indicators of estimates notably university admission proportions, the volume of human resources and the number of international schools.

The Financial Times enlisted Morocco in the third class on the African continent's level.

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You may be interested in visiting the Egypt State Information Service which provides a comprehensive overview of Egypt in Arabic, French and English languages.

Regards
Jack Telford
Director, CEO
Gippsland Limited
www.gippslandltd.com