5 Investment Opportunities in Egypt for 2023
In the modern world, there are two ways to make money; earning money is the first step! You can earn it either by working for someone else or for yourself. Investing your assets to grow in value over time is another approach to improve your wealth.
As the economy is struggling right now especially after Covid-19, the best solution to overcome this is by investing in a seemingly stable economy but that’s not trusted nowadays. Investing is not only narrowed down to large investments, it could be small ones as a starting point!
Why should you consider investing?
Why is investment important? Investing is a smart way to use your money wisely and increase your fortune. Your money may grow in value and outpace inflation if you make wise investment decisions.
The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.
You need to invest to be able to have another source of income, finance your retirement, or even get yourself out of a tight financial spot.
Above all, investment increases your money, enabling you to reach your financial objectives and gradually boosting your purchasing power. If perhaps you recently sold your house or received an inheritance, choosing to put your money to work for you would be a smart choice.
Investing also could beat inflation; the gradual increase in the cost of living known as inflation can have an effect on our financial stability.
Investing in assets, that cannot only produce higher income returns but also have the potential for capital growth, is one strategy to help outpace inflation and produce positive "real" returns over the long term.
Why should you consider investing in Egypt?
Now that you know that investing is beneficial nowadays, get to know why you should consider investing in Egypt
Egypt has been flourishing over the past years on its way to fulfilling its 2030 Plans! This plan stipulates that by 2030, Egypt will improve the life quality and standards of its citizens in various aspects!
With that said, Egypt is now on its way to building a strong economy and an environment suitable for investments, as well as modern and advanced infrastructure, various investment regimes, leading economic sectors, and distinctive strategic location.
Top Investment Opportunities in Egypt
Egypt has seen many ups and downs recently, but the country is getting back on track. Investors and the government are now urging an increasing number of investors to come and invest in Egypt because they view it as a forward looking economy with great potential.
Areas of investment in Egypt
1- Real Estate Investment
Real Estate in Egypt is a great industry with many opportunities and with the building of The New Administrative Capital, investments are flooding in this field. Additionally, the recent rise in business park developments has created many investment opportunities in commercial real estate. Some of those business park projects include Mivida Business Park.
Don't know where to start or how to find the best real estate property to invest in? Contact us now by filling in this form or calling us on +20 1003424430 and we'll help you find the perfect investment that meets your needs and budget.
2- Oil and Gas Investment
One of Egypt's most vibrant economic sectors is the oil and gas one. This industry in Egypt is expected a CAGR of about 8% between 2019 and 2027. Hence, it's a great area of investment as well.
3- Agricultural Investment
Egypt was the biggest exporter of Cotton in the whole world till 2018! Potatoes, cotton, and fresh fruit, particularly citrus, make up Egypt's main agricultural exports to other countries. Most of Egypt's exports are going to the Middle East, North Africa, the EU, and Russia.
4- Tourism Investment
The Tourism industry in Egypt is one of the industries that make up most of the country's income, as it accounts around 12% of the Growth Domestic Product (GDP). Due to Egypt’s great civilization and magnificent monuments, tourism has been a great sector to invest in!
Head to What is Ahead for Commercial Real Estate in 2022 to know more!
5- Renewable Energy Investment
Due to its large landmass, favorable climate, and strong winds, Egypt is a top destination for renewable energy projects.
The market for equipment for renewable energy sources might be worth billions of dollars. In order to meet rising demand and transition to a more ecologically friendly and diverse electrical sector, the Egyptian government is aware of the need for a sustainable energy mix. Hence, it's a great field to invest in!
Tayf, a flourishing investment company in Egypt
We are an investment management company aiming to add value to the Egyptian market by creating an unforgettable experience through the introduction of new ideas and solutions.
Tayf brings in a new perspective in the investment management market that is not available in the Egyptian market! Not only are we transforming and redefining what “Investment Management” means, we also come with over 25 years of experience in the market and insights from different geographical areas.
We are here to create lifelong investments that adds value to all our clients. Contact us now and let us help you in your investment opportunities!
FAQs
Why should I invest in Egypt?
Egypt is a great place to invest, due to the plethora of investment opportunities that are created because of its location, resources and projected future growth.
What should I invest in for the next 5 years?
- Food Industries
- Real Estate sector
- Renewable Energy
