The General Authority for Investment and Freezones (GAFI) has announced that it will issue tenders for four new freezones and three investment zones for the first time since 2004, according to Reuters. The freezones will be in Nuweiba, Kafr El Sheikh, Aswan, and Giza, while the investment zones will be in Meet Ghamr, Giza’s Saff, and Benha. The announcement comes after GAFI had announced last year it was conducting feasibility studies to establish up to 12 freezones that could host 8k projects.

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