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September 18, 2025Meinhardt Singapore and Egypt’s General Authority for Investment and Free Zones Sign Strategic Memorandum of Understanding to Accelerate Investment and Sustainable Development
Singapore/Cairo
Left to Right (Back Row) Mr. Masagos Zulkifli, Minister for Social and Family Development of Singapore; H.E Eng. Hassan El Khatib, Minister of Investment and Trade, Egypt; H.E Mohamed Ahmed Abdel Latif, Minister of Education, Egypt
(Front Row) Mr. Omar Shahzad, Group CEO, Meinhardt Group, Mr. Hossam Heiba, CEO of GAFI
Meinhardt Singapore Pte Ltd, a leading international investment advisory, planning, and engineering consultancy, and the General Authority for Investment and Free Zones (GAFI) of the Arab Republic of Egypt today signed a comprehensive Memorandum of Understanding (MoU) to strengthen bilateral cooperation and establish a strategic framework for promoting investment, advancing city infrastructure development, and supporting Egypt's ambitious economic transformation agenda.
The landmark MoU was signed at the Egypt-Singapore Business Forum in Cairo during the state visit of HE President Tharman Shanmugaratnam, establishing a strategic framework for advancing infrastructure development and supporting Egypt's Vision 2030 goals. The agreement focuses on three areas: Investment Promotion & Market Access, by attracting international investors to Egypt’s infrastructure, renewable energy, technology, and manufacturing sectors while supporting Singaporean market entry; Knowledge Transfer & Capacity Building, through joint programs that enhance expertise, enable technology transfer, and strengthen Egypt’s engineering workforce; and Business Development and Networking, via investment missions and promotional activities linking Egyptian opportunities with global capital and expertise.
Omar Shahzad
CEO - Meinhardt Group
This Memorandum of Understanding with GAFI marks a key step in strengthening Meinhardt's role in Egypt's economic transformation. With its strategic location, young talent, and commitment to reform, Egypt offers exceptional opportunities for growth in urban infrastructure. Leveraging our global expertise in engineering, master planning, and investment advisory, we look forward to supporting transformative projects that foster sustainable development, create jobs, and generate lasting value for the Egyptian economy.
Mr. Hossam Heiba, CEO of GAFI, stated: "This MoU comes at a pivotal moment as Egypt enhances its investment climate, streamlines regulations, and opens doors to global partners. By joining forces with Meinhardt—a trusted leader in engineering and investment advisory—we are showcasing Egypt's compelling opportunities while giving investors seamless access to world-class expertise. This partnership is designed to accelerate private sector participation, unlock significant capital flows, and drive transformative projects that deliver strong returns, sustainable growth, and long-term value."
Mr. Ehab Ibrahim, Managing Director, Meinhardt MENA, added: "Egypt represents a centrepiece of Meinhardt's MENA strategy. The country's strategic position as a gateway between Africa, the Middle East, and Europe, combined with its massive infrastructure development potential, makes it an ideal partner for our regional expansion. This partnership with GAFI will enable us to leverage our deep regional expertise to support Egypt's ambitious development agenda."
Mr. SS Teo, Chairman of the Singapore Business Federation, noted: "The partnership between Meinhardt and GAFI exemplifies the strategic collaborations that reinforce Singapore's position as a global business hub and gateway for international investment. Egypt's economic transformation offers significant opportunities for Singaporean companies to share their expertise and forge mutually beneficial partnerships. The Singapore Business Federation is proud to support initiatives that extend our business community’s reach into high-growth markets like Egypt, where our companies can drive sustainable development and create lasting value for all stakeholders."
The MoU is anticipated to generate significant economic benefits through enhanced foreign direct investment, knowledge economy development, regional hub creation, sustainable development alignment, and job creation across Egypt's priority sectors. The signing ceremony, attended by senior business leaders and representatives from both organisations, underscores the mutual commitment to establishing a long-term, productive partnership that strategically aligns with Egypt's Vision 2030. The partnership also reinforces Meinhardt's global mission to deliver innovative, sustainable solutions that create lasting positive impact in emerging markets.
