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Egypt's economic performance and reform program in the 1990s gained the appreciation of international observers due to the increase of the growth, the reduction of inflation and the budget deficit. Egypt has a well-diversified economy, with no single sector participating more than 21% GDP. Such a solid economic base has reduced the negative effect of the external shocks in 1997-98: terrorist attacks, oil price collapse, Southeast Asian economic crisis, and in 2001 (September 11). Private investments exceeded 80% of total investments in Egypt during 1999, reflecting the government's keenness to facilitate private sector participation. Public private partnership is one of the most important priorities of the new government, as the government encourages the private sector to invest in non-traditional areas especially in financial services and infrastructure. Chief among the facilities provided by the Government to the investors are the non-restriction upon the nationality of the project capital and non-limitation to the capital of the project. The law guarantees as well the freedom of determining the prices of products as well as the percentage of profits. Foreign investors are moreover given facilities in residence, and the foreign workers are given residence licenses upon the project request. For more information on investment indicators and opportunities and on Egyptian economy, please visit the following sites: Ministry of Investment http://www.investment.gov.eg/MOI_Portal/en-GB/Default.htm Ministry of Economic Development Egypt State Information Services Egypt's Information Portal Ministry of Trade and Industry http://www.mfti.gov.eg/english/english.asp
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