Private sector feasibility studies

private investment in Egypt. PES covers the period 9/79-11/84 and consists of a facesheet attached to a special evaluation (XD-AAR-435-A). Action decisions are to expand the project (a recommendation that is based on improvements expected to result from new procedures introduced in 6/84) with certain modifications and for the General Authority for Investment and Free Zones (GAFI), in cooperation with other entities as necessary, to: (1) form anadvisory board for all USAID/E private sector activities, if deemed feasible; (2) use project funds to hire Egyptian professionals on a part-time basis for technical assistance on project implementation; (3) increase targeted promotion and follow-up on applications; (4) grant the project director the authority to make final decisions on approval of reconnaisance visit applications and disapproval of undeserving applications for feasibility studies (technical committee review should follow this approval); (5) seek delineation of responsibilities within GAFI, and between GAFI and the commercial section of the Egyptian Embassy, concerning the project; and (6) provide feasibility study results to other investors if the applicant does not proceed after one year.