OECD Investment Policy Reviews
Subtitle: Egypt 2007
By: Organisation for Economic Co-operation and Development
Series: OECD investment policy reviews; OECD Investment Policy Reviews
Publisher: OECD Publishing
Published: 2007
Place of publication: Paris
Language: eng
Format: [electronic resource] /
Number of pages: 71
ISBN-13: 9789264034624
Subjects: Finance and Investment
Description: Having adhered to the OECD Declaration on International Investment and Multinational Enterprises in July 2007, Egypt undertook a thorough review by OECD members of its international investment policies using the Policy Framework for Investment. This publication presents the results of this review. It finds that international investors responded quickly to the government’s policy reform efforts: foreign direct investment (FDI) into Egypt increased eightfold in just three years, diversifying away from the petroleum sector and bringing much-needed investment to a broad range of manufacturing and service industries. However, the review also shows that investment climate reforms take time and many challenges still lie ahead. These include ongoing efforts to phase out unnecessary sectoral restrictions on investment, maintaining the momentum for broadening the privatisation programme and encouraging entrepreneurship by promoting transparency, accountability and competition.
Table of contents: title: Preface; title: Executive Summary and Recommendations; title: Chapter 1. Egypt's Evolving Position in the Global Economy; title: Trend in Investment Patterns; title: Egypt's International Investment-Related Commitments; title: Chapter 2. Egypt's Policy Framework for Investment; title: Investment Policy; title: Investment Promotion and Facilitation; title: Trade Policy; title: Competition Policy; title: Other Polity Issues covered in the PFI; title: Annex A. Average Annual FDI Inflows and Outlfows; title: Annex B. Bilateral Investment Agreements; title: Annex C. Egypt's Membership in International Organisations and Regional Groupings; title: Annex D. Egypt's Exceptions to National Treatment; title: Annex E. Egypt's Measures Reported for Transparency; title: Annex F. Egypt's Openness to FDI; title: Annex G. Summary of the Main Provisions of the OECD Declaraton on International Investment and Multinational Enterprises