GAFI – WAIPA CEOs Discuss Strengthening Cooperation

On the sidelines of the World Investment Conference 2026 (WIC 2026), held at the Geneva International Conference Centre (CICG), Dr. Mohamed Awad, CEO of the General Authority for Investment and Free Zones (GAFI), met with Mr. Ismail Ersahin, Executive Director and CEO of the World Association of Investment Promotion Agencies (WAIPA), to discuss ways to strengthen cooperation.

Dr. Awad commended WAIPA's successful organization of the conference, highlighting its important role in fostering cooperation among investment promotion agencies and facilitating the exchange of expertise and international best practices.
The meeting discussed ways to leverage WAIPA's expertise in developing and marketing Egypt's investment projects. WAIPA expressed its readiness to support GAFI and showcase Egyptian investment opportunities through its international platform, thereby reaching a wider pool of investors.
The two sides also discussed the possibility of designating GAFI's Investment Training Center as a WAIPA regional center of excellence for Africa and the Middle East, with a view to promoting knowledge exchange, providing technical assistance, and building the capacities of investment promotion agencies (IPAs).
WAIPA also expressed its readiness to facilitate linkages between small and medium-sized enterprises (SMEs) and foreign investors through its international membership network, providing Egyptian companies with opportunities to connect with investment partners and support their growth and expansion.
On the same occasion, Dr. Awad participated in WAIPA's 30th General Meeting, which reviewed WAIPA's activities report, work plan, and proposed budget for 2027. It also discussed proposed amendments to WAIPA's Statutes. His participation reflected GAFI's commitment, as a WAIPA member, to strengthening cooperation and leveraging international expertise to attract investment.