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Restart of the closed down production lines

Restart of the closed down production lines. Conference Can we expect Investment in Egypt in the foreseeable future?. Why address this problem?. With minimal investment you can have a factory running.

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Restart of the closed down production lines

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  1. Restart of the closed down production lines Conference Can we expect Investment in Egypt in the foreseeable future?

  2. Why address this problem? • With minimal investment you can have a factory running. • Within a short time scale, you can increase production, reduce unemployment, as well as reduce the size of the informal sector.

  3. How big is the problem? • Numbers : 450 – 1200 – 2000 – 4500 – 10000 ,…. • Reasons: financial, technical, non-business related issues.

  4. Phase -1 (2011- 2012) Efforts to overcome the problem

  5. Efforts to overcome the problem • Newspaper ads over 2 consecutive Fridays in the largest two newspapers, and on MIFT, IMC, IDA websites. • 1400 applications. • Only 450 of the applications were ‘real’ companies with ‘real’ problems due to the current situation.

  6. Geographic distribution of companies

  7. Companies according to total Investment

  8. type of Problems faced

  9. Sector Distribution

  10. Classification by the industrial sector

  11. What has been done? Provision of finance Especially for those in need of working capital Labour training Through ITC Technical assistance Consultancy through the IMC A total of 121 cases were solved

  12. Phase II August 2013

  13. Phase II - August 2013: • 2 weeks of consecutive daily ads in major newspapers • Applicants: 200 companies, Total investment 5.5 billion, 17000 workers.

  14. Initial Analysis • 91% Financial (181) • 3% Labour (6) • 2% Licence (4) • 4% Other (9)

  15. Is there any Investment opportunity here?

  16. Investment opportunities 1- Ready-made investment opportunities; • Existing legal entities • Trained labour forces • Existing customers • Market knowledge & expertise. 2- Wide variety of industrial sectors. 3- Far less expensive than green field investment.

  17. THANK YOU The Commercial office Egyptian Embassy - London

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