Investment Law No. 43 of 1974

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Investment Law No. 43 of 1974 is an Egyptian statute that opened the economy to foreign and private investment, forming a cornerstone of President Anwar Sadat’s Infitah (economic liberalization) program.

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Statements (47)

Predicate Object
instanceOf Egyptian law
investment law
aim to attract Arab and foreign capital
to encourage private sector investment
to open the Egyptian economy to foreign investment
allows establishment of investment projects in free zones
associatedWithLeader Anwar Sadat
surface form: President Anwar Sadat
country Egypt
dateEnacted 1974
economicModelPromoted mixed economy with expanded private sector role
enactedUnderPresident Anwar Sadat
historicalSignificance cornerstone of Egypt’s open‑door economic policy in the 1970s
marked a turning point in Egypt’s investment regime
influencedBy post‑1973 War economic strategy
shift from Nasserist state‑led model
jurisdiction Egypt
surface form: Arab Republic of Egypt
keyComponentOf Infitah economic policy
surface form: Infitah economic program
language Arabic
legalSystem Egyptian legal system
objective to integrate Egypt more closely into the global economy
to reduce the dominance of the public sector in some areas
policyOrientation economic liberalization
open‑door policy
politicalContext Infitah
provides customs exemptions for certain investment projects
guarantees against nationalization for approved investments
guarantees for repatriation of profits
tax incentives for investors
region Middle East and North Africa
regulates foreign ownership in Egyptian projects
investment in free zones
joint ventures between Egyptian and foreign partners
relatedConcept Egyptian economic reforms of the 1970s
foreign direct investment in Egypt
sectorFocus agriculture
industry
services
tourism
subjectMatter incentives for private investment
regulation of foreign investment in Egypt
targetInvestors Arab investors
Egyptian private investors
foreign investors
typeOfGuarantees guarantees for transfer of capital and profits abroad
protection against arbitrary seizure of assets
typeOfIncentives customs duty reductions or exemptions
tax holidays

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Infitah economic policy legalBasis Investment Law No. 43 of 1974
Egyptian law mainInvestmentLaw Investment Law No. 43 of 1974
this entity surface form: Investment Law of Egypt
Commercial Code of Egypt relatedTo Investment Law No. 43 of 1974
this entity surface form: Egyptian Investment Law