Indonesia`s Free-Visa Policy Lures Egyptian Investors
10 October 2015 16:26 WIB
TEMPO.CO, Jakarta - The government policy to provide free visas for 75 friendly countries, including Egypt, was the main topic discussed in the Business Gathering & Dinner held in Cairo on Friday night, October 9, 2015.
Former Egyptian Industry Minister Ibrahim Fawzy in his speech said that Indonesia’s free-visa policy for Egyptians was an opportunity that must be seized by business owners.
“The free-visa policy for 75 countries, including Egypt, is a good opportunity to run business, as well as cultural and tourism programs,” Mr. Fawzy said.
Mr. Fawzy hopes that Egypt would issue free-visa policy for Indonesians in a bid to gain more foreign exchange from business travel, tourism and investment in Egypt.
Earlier in September, the Indonesia and Egypt signed an agreement to provide free visa for those who hold diplomatic and official passports. The agreement is set forth in the Memorandum of Understanding signed by Indonesian Foreign Minister Retno Marsudi and Egyptian Foreign Minister Shameh Shukri on the sidelines of Egyptian President Abdel Fatah Al Sisi’s visit to Jakarta on September 4, 2015.
The business meeting themed “Doing Business With Indonesia” held by the Indonesian Embassy in Cairo was aimed at gathering Egyptian business owners and investors to attend two business events in Indonesia: the “Indonesia-Middle East Update” in Aceh to be held in Aceh on October 17-19, 2015, and the “2015 Trade Expo Indonesia (TEI)” to be held in Jakarta on October 21-25, 2015. A total of 80 Egyptian business owners have confirmed their attendance at the 2015 TEI, Indonesian Embassy’s attaché in Cairo Burman Rahman said.
Indonesian Ambassador to Egypt Nurfaizi Suwandi said that Indonesian Investors were very enthusiastic with business opportunities offered by Egypt. Nurfaizi said that Indonesia had three important investments worth US$91 million in Egypt. Nurfaizi emphasized that the Indonesian government would prioritize investment policies that promote ease, swiftness and transparency.
ANTARA