The General Investment Authority hosts the activities of the training program (COMFAR) in cooperation with UNIDO and the European Union
The Executive Vice President of the General Authority for Investment and Free Zones, Dr. Dalia Al-Hawari, praised the important role played by the partnership between the Authority and the United Nations Industrial Development Organization (UNIDO). In developing effective methodologies and tools for drafting projects, stressing that cooperation between the various national stakeholders and participation in this workshop will contribute to improving the investment environment in Egypt and facilitating the attraction of local and foreign investments.
It came. This occurred during Dalia Al-Hawari’s participation in the activities of the training program for using the computer model program for feasibility analysis and reporting “COMFAR”. affiliated with the United Nations Industrial Development Organization (UNIDO), which lasted for 5 days and aims to improve the formulation of investment projects and feasibility analysis techniques, and develop and unify the presentation of investment opportunities on the Authority’s investment map.
Dr. Dalia Al-Hawari confirmed that “ COMFAR TOOL" It will help conduct comprehensive financial analyses, enabling us to accurately identify investment opportunities and prepare bankable projects.
Dalia Al-Hawari indicated that this workshop comes within the framework of the role played by the General Authority for Investment and Free Zones in presenting opportunities. Attractive investment as a main strategy to enhance economic growth and attract local and foreign investments as part of its efforts to improve the business environment and enhance economic competitiveness in line with the country’s vision for sustainable growth and development.
The training program comes within the framework of the “European Union Support” project. For trade Industry, growth and rapid access to markets "TIGARA"" Launched by the Egyptian government, the European Union, and the United Nations Industrial Development Organization (UNIDO). Last August, the project will continue for 5 years with the aim of creating a favorable work environment for the industrial sector, and providing technical assistance to the private sector to enhance its competitiveness.
The training program sessions witnessed the presence of Giacomo Pogo, Director of the Trade, Investment and Digital Transformation Program at the European Commission, and Robert Novak, Advisor. The United Nations Industrial Development Organization “UNIDO”.
It is noteworthy that the training program included, in addition to the General Authority for Investment and Free Zones, representatives of national governmental bodies, the most important of which are the Ministry of Local Development and the Ministry of Tourism. The Ministry of Industry, the Industrial Modernization Center, the General Authority for Industrial Development, the General Authority of the Suez Canal, and the Small and Medium Enterprises Development Agency.
At the conclusion of the training program, certificates were distributed to the participants for passing the program, as well as a license to operate The program is for life.
The “COMFAR” program is used for There are currently 11,000 users in 160 countries. The program is available in nineteen languages and complies with international accounting standards.
