Cairo – Mubasher: The investment and international cooperation ministry of Egypt has launched "Investment without Challenges" initiative to become an effective channel for communication, according to a recent statement.

This initiative aims at collecting feedback from individual investors, in addition to addressing the problems they face.

Egypt’s "Investment without Challenges" initiative is part of a comprehensive system established to ensure timely follow up, as well as accelerating problem-solving for investors, and exerting efforts to facilitate the investment process and eliminating hurdles faced by investors.

The minister has allocated the Hotline 16035 and the email address [email protected] to ensure effective responsiveness and fast communication between the minister and investors.

“Through its resolution mechanisms, MIIC has solved 1569 problems for investors over the past two years, out of the1874 received, of which 43 concerned large companies, in the sectors of industry, tourism, agriculture, trade, real estate development, transportation, mining, health, and food, with investments worth EGP 13 billion. A further 305 problems are being addressed at present, 51 of them before the Investment Dispute Settlement Committee,” according to a press release by the investment ministry of Egypt.