HIGHLIGHTS - Study Tour

for Egypt’s General Authority for Investment

> Photogallery


> Back to Highlights

From May 28th  to 30th , ITPO Italy, in collaboration with INSME and the International Training Center of the ILO, organized a series of meetings in Rome, Bologna, and Turin for a delegation from the Egyptian General Authority for Investment (GAFI), led by it’s Chairman, Eng. Assam Raga.

In the framework of its capacity-building activities, IPU Egypt coordinated a study tour for the GAFI in  Rome, Athens, Manchester, Marseille, and Paris, in collaboration with the respective ITPOs. This mission was aimed also at identifying strategic European partners to assist this Egyptian institution to improve the services that it currently offers to investors and, especially, to local SMEs.

In Rome, the GAFI delegation met institutions specialized in financial support to enterprises (SACE and SIMEST), business associations (CNA and ASSAFRICA), the Business Innovation Center of the Lazio Region (BIC LAZIO), a network of institutions that support SMEs (INSME), and the Italian National Agency for Inward Investment Promotion (SviluppoItalia).

In Bologna, the delegation met with Promobologna which is the agency designated for the promotion of investment in the Province of Bologna. The delegation then met Unindustria which is the confederation of enterprises for the province of Bologna. After this very interesting meeting they met with ASTER which is a Science and Technology Enterprise financed by five universities and the Region Emilia Romagna. The last morning meeting was with ArtigianCredit which is a regional institution that guarantees credits to its associates, grouped in small cooperatives in various locations in the Region. In the afternoon, the delegation had a meeting and a site visit at Interporto Bologna which is one of the largest and most innovative inland ports in Europe. Finally, in Turin, the delegation established contacts with the International Training Centre of ILO (ITCILO), the Piedmont Investment Agency, Codex, the Union of Chambers of Commerce, Torino Wireless, and the I3P Incubator.

By exchanging experiences and best practice during this mission, GAFI got first hand information about instruments used by Italian institutions to support SMEs. In particular this information included:

¨       Support to the start up of new businesses: Incubators and Clusters;

¨       Access to finance for SMEs;

¨       Entrepreneurship;

¨       Inward investment promotion;

¨       Public Private Partnership (PPP);

¨       Capacity-building and training.

As a concrete result of this visit to Italy, with the support of IPU Cairo and ITPO Rome, GAFI is evaluating with many of its new contacts how to formalize a collaboration that will help improve GAFI’s tools  to support local and/or foreign private companies/investors in Egypt.