CEO of the General Authority for Investment and Free Zones (GAFI), Mohamed Awad, held a meeting with officials from the authority to follow up the progress in implementing the current strategic plan and to review the new 2026–2030 strategic plan, within the framework of directives issued by Investment and Foreign Trade Minister Mohamed Farid to upgrade institutional performance.
Awad said that developing strategic planning and institutional follow-up are key to enhancing institutional performance, attracting investments and improving the business climate, as part of the State's orientation towards a more competitive and sustainable economy.
He highlighted the importance of linking the authority’s targets with the government’s work program, the national narrative for economic development and the strategy of the Ministry of Investment and Foreign Trade, in a way that contributes to improving performance efficiency and enhancing decision-making quality.
Awad issued directives to swiftly draft the new strategic plan according to a participatory approach that aligns with national priorities, while also developing a performance indicator system to measure results and impact. He also underlined the significance of advancing digital transformation through the launch of a digital system and real-time dashboards to monitor performance indicators and link them to the national system for monitoring national strategies affiliated with the Cabinet’s Information and Decision Support Center.
GAFI CEO concluded that the authority is working on developing institutional follow-up and evaluation tools in a way that supports rapid response to economic changes and enhances the investment climate in Egypt.