Egypt ranked first in North Africa and second in Africa in securing foreign direct investment.

Egypt ranked first in North Africa and second in Africa in securing foreign direct investment.

Egypt ranked first in North Africa and second in Africa in securing foreign direct investment.
  • Foreign direct investment (FDI) saw a 26-fold increase from $500 million in 2000/01 to $13.2 billion in 2007/08. 
  • As a percent of GDP, net FDI increased less than 1 percent in fiscal year 2000/01 to more than 8 percent in fiscal year 2007/08. 
  • In its bid to attract more FDI, Egypt became the first Arab country to sign the Organisation for Economic Co-operation and Development Declaration on International Investment and Multinational Enterprises in 2007.

Source: AMCHAM Egypt; Ministry of Investment FY 2007/2008 Performance Report, Ministry of Investment, Egypt Investment Portal, OECD; UNCTAD World Investment Report 2008; Government Performance Report 2004-2009, IDSC