According to bank documents, the objective of the project is to improve the regulatory environment for investors through simplified licensing and transparent industrial land allocation processes.
The Additional Financing (AF) will scale-up activities being implemented under the Component 1 “Facilitating Accessible and Transparent Investor Services (GAFI)” of the parent project. The AF remains fully aligned with the Country Partnership Framework (CPF) and Systematic Country Diagnostic (SCD) overarching goals of promoting
a private sector led job creation agenda and inclusive growth. The details of activities to be supported through this AF are described below:
Ministry of International Cooperation and Investment/General Authority for Investment
Industrial Development Authority
Eng. Ahmed Abdel Razek
General Authority for Investment and Free Zones
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing firstname.lastname@example.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.