{"id":634062,"date":"2018-01-03T04:20:13","date_gmt":"2018-01-03T04:20:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/"},"modified":"2018-01-03T04:20:13","modified_gmt":"2018-01-03T04:20:13","slug":"gafi-looks-into-nine-offers-for-private-freezone-projects","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/","title":{"rendered":"GAFI looks into nine offers for private freezone projects"},"content":{"rendered":"<p>The General Authority for Freezones and Investment (GAFI) has begun looking into nine offers from Turkish and Saudi investors for private freezone projects with a combined investment value of EGP 3 bn, unnamed government sources <a href=\"https:\/\/alborsanews.com\/2018\/01\/02\/1076313\">tell Al Borsa<\/a>. The projects span several industries, including spinning and weaving, and readymade garment manufacturing. GAFI had initially received 15 offers, but eliminated six of them for not complying with the requirements for freezone projects stipulated in the Investment Act, according to the sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The General Authority for Freezones and Investment (GAFI) has begun looking into nine offers from Turkish and Saudi investors for private freezone projects with a combined investment value of EGP 3 bn, unnamed government sources tell Al Borsa. The projects span several industries, including spinning and weaving, and readymade garment manufacturing. GAFI had initially received [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,2390],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634062","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-other-business-news-of-note","wpautop","entry"],"acf":{"mongo_id":"562e631d-f238-4100-9c44-5bc1a49d30a9","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"GAFI looks into nine offers for private freezone projects","related_issue":[634022],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.11abaf0f-9e38-484d-b0e0-f5c45a8d46cf.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GAFI looks into nine offers for private freezone projects - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GAFI looks into nine offers for private freezone projects\" \/>\n<meta property=\"og:description\" content=\"The General Authority for Freezones and Investment (GAFI) has begun looking into nine offers from Turkish and Saudi investors for private freezone projects with a combined investment value of EGP 3 bn, unnamed government sources tell Al Borsa. The projects span several industries, including spinning and weaving, and readymade garment manufacturing. GAFI had initially received [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-03T04:20:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GAFI looks into nine offers for private freezone projects\",\"datePublished\":\"2018-01-03T04:20:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\"},\"wordCount\":87,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Other Business News of Note\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\",\"name\":\"GAFI looks into nine offers for private freezone projects - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-03T04:20:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"GAFI looks into nine offers for private freezone projects\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"GAFI looks into nine offers for private freezone projects - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/","og_locale":"en_US","og_type":"article","og_title":"GAFI looks into nine offers for private freezone projects","og_description":"The General Authority for Freezones and Investment (GAFI) has begun looking into nine offers from Turkish and Saudi investors for private freezone projects with a combined investment value of EGP 3 bn, unnamed government sources tell Al Borsa. The projects span several industries, including spinning and weaving, and readymade garment manufacturing. GAFI had initially received [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-01-03T04:20:13+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"GAFI looks into nine offers for private freezone projects","datePublished":"2018-01-03T04:20:13+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/"},"wordCount":87,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Other Business News of Note"],"articleSection":["Other Business News of Note"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/","name":"GAFI looks into nine offers for private freezone projects - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-01-03T04:20:13+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/gafi-looks-into-nine-offers-for-private-freezone-projects\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"GAFI looks into nine offers for private freezone projects"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":601275,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/24\/gafi-agrees-to-set-up-aswan-freezone-to-attract-usd-2-1-bn-investments\/","url_meta":{"origin":634062,"position":0},"title":"GAFI agrees to set up Aswan freezone to attract USD 2.1 bn investments","author":"enterpriseam admin","date":"24 February 2019","format":false,"excerpt":"The General Authority for Investments (GAFI) has agreed to build a freezone in Aswan with the aim of attracting USD 2.1 bn investments, according to an Investment Ministry statement. The initiative aims to attract 160 projects in various fields, including fish manufacturing and packaging, programming and ready-made garments. The freezone\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600947,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/gafi-aims-to-amend-fees-for-freezone-industries\/","url_meta":{"origin":634062,"position":1},"title":"GAFI aims to amend fees for freezone industries","author":"enterpriseam admin","date":"14 February 2019","format":false,"excerpt":"REGULATION WATCH- Could taxes on freezone products be going away? The General Authority for Investment (GAFI) could look at giving companies based in free zones a break, says Moatasem Rashed, the head of the Private Free Zones Investors Association, an industry association. Rashed is nudging GAFI to cut taxes and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634115,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/gafi-to-start-negotiations-with-el-sewedy-to-develop-freezone-in-10-ramadan\/","url_meta":{"origin":634062,"position":2},"title":"GAFI to start negotiations with El Sewedy to develop freezone in 10 Ramadan","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"The General Authority for Freezones and Investment (GAFI) is set to begin negotiations with El Sewedy Electric to develop a 1,400 feddan freezone in 10 Ramadan City, government sources told Al Borsa. El Sewedy has already inspected the site for the project, which had originally been intended for development at\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594692,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/04\/increased-freezone-fees-threaten-egypts-investment-climate-mp\/","url_meta":{"origin":634062,"position":3},"title":"Increased freezone fees threaten Egypt\u2019s investment climate: MP","author":"enterpriseam admin","date":"4 September 2019","format":false,"excerpt":"Increased freezone fees threaten Egypt\u2019s investment climate, says Faragalla Group chairman: The General Authority for Investment\u2019s (GAFI) decision to increase utilization fees for investors in freezones could have negative consequences on the investment climate in Egypt, warns Faragalla Group Chairman Farag Amer, according to Ahram Online. GAFI last week agreed\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624984,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/24\/gafi-set-to-launch-minya-textiles-freezone-before-years-end\/","url_meta":{"origin":634062,"position":4},"title":"GAFI set to launch Minya textiles freezone before year\u2019s end","author":"enterpriseam admin","date":"24 September 2018","format":false,"excerpt":"The General Authority for Freezones and Investment (GAFI) is set to launch the Minya textiles freezone before year\u2019s end, GAFI\u2019s legal advisor to the CEO Amr Nour El Din told reporters yesterday, according to Al Mal. Investment Minister Sahar Nasr had announced last year plans to set up the freezone,\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604887,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/egypts-gafi-introduces-periodical-earnings-reporting-to-freezone-companies\/","url_meta":{"origin":634062,"position":5},"title":"Egypt\u2019s GAFI introduces periodical earnings reporting to freezone companies","author":"enterpriseam admin","date":"16 December 2018","format":false,"excerpt":"The General Authority for Freezones and Investments (GAFI) has made it mandatory for companies operating in freezones to present copies of their financial statements during the first quarter of every fiscal year, GAFI head Mohsen Adel said. The companies are required to submit the statements, with accompanying notes and disclosures,\u2026","rel":"","context":"In &quot;Legislation + Policy&quot;","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634062"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634062\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634022"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634062"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634062"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}