Les incitations à l’investissment ont-elles un impact sur l’attractivité de l’investissement direct étranger en Égypte?
Since the last century, foreign direct investment has become a mean used by states to support their economic development. Indeed, FDI is recognized as not only an important factor for the economic development of countries but also a major contributor to the country's growth rate, through various factors including the provision of capital, technology transfer, jobs creation and access to international markets.   Regarding the potential positive effects of FDI, states have used various methods to attract FDI. Among these, we chose to analyze in this paper FDI incentives. Despite the criticism of incentives across the world, their use is growing in most states. For instance, Egypt is one of the states which uses these incentives. Indeed, the country has changed its investment law several times, especially after the 2011 revolution, with the aim of adding more significant incentives to attract FDI. These changes in law have led us to question whether incentives alone could have a positive effect on the attractiveness of FDI, or whether FDI incentives are key elements compared to others such as the existence of a favorable investment climate.   From our point of view, FDI incentives cannot contribute to the attractiveness of FDI without a favorable investment climate. Indeed, Egypt's investment climate remains relatively weak despite the recent changes and economic reforms which took place recently in the country. To this end, we have proposed recommendations that could improve Egypt's investment climate to attract FDI and help it achieve its development goals, hence, once the climate improves, the Egyptian government can then put in place incentives that attract FDI.
Attractiveness, Incentives, Foreign direct investment, Egypt. Attractiveness Incentives Foreign direct investment Egypt