24/03/1996
The Police Academy of the Ministry of Interior held a National Conference entitled „Toward a Security Strategy to Promote Investment in Egypt“ on 24 March 1996. This conference was aimed at increasing awareness of investors‘ needs for more security facilities and services to prepare the appropriate climate to enable them to participate positively in achieving economic development. The conference was witnessed by Ministries of Finance, Supply and Trade and many businessmen, industry men and specialists. Dr. Nader Riad prepared a working paper regarding the security requirements for encouraging investments and achieving social security.(Available in Arabic – German in PDF)
The three general meetings of the conference were headed by Ministers of Finance, Trade and Supply and executive chairman of the General Authority for Investment (GAFI). The conference was attended by representatives of state bodies related to investment such as Ministries of Tourism, Housing and New Urban Communities, Trade, Supply, Finance, Economy, International Cooperation, Transport, Manpower and Migration, in addition to representatives of sectors of business, environment, and local management, GAFI, Central Bank and Center for Information and Decision Support of the Council of Ministers. Businessmen and investors of 6th of October, 10th of Ramadan, free areas and all relevant security bodies also attended the conference. Many preparatory meetings were held in preparation of this conference; working papers were submitted and discussed within the conference as follows: working papers from GMC Company for Engineering Industries, Bavaria Egypt Company, and Port Said Company for Detergents and Chemical Industries, and Relantex Company for Trade and Investment. Riad discussed some of the ambitions and hopes for the industry and investment sector and the security strategic vision to encourage investment. The conference made some recommendations such as: Innovation of security mechanisms for serving and securing investment in Egypt and plans for providing more facilities to investors with regard to permit procedures for visiting, residing or traveling abroad, facilities related to the industrial safety field and supporting investment projects for fighting fire, facilities for regulating traffic, transport and communications and limiting aspects of environmental pollution to attract investment projects.
