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Launch of the Creating Value for All Report in Egypt

Overview

The launch of the Creating Value for All Report was organized in Cairo, Egypt, on December 4, 2008, The local launch, co-organized by the Ministry of Investment and the UNDP Egypt Country Office, featured a presentation on the Report by Mr. Casper Sonesson, Officer-in-Charge, Private Sector Division in UNDP Headquarters. Chairman of the General Authority for Investment and Free Zones (GAFI), Mr. Assem Ragab, and UNDP Country Director in Egypt, Mr. Mounir Tabet, delivered key remarks for the occasion.

Documentation

Press Coverage

  • Canada Egypt Business Council (CEBC) Newsletter- “Launching the Growing Inclusive Markets new UNDP Report”. Issue 20, Dec.2008-Jan.2009 [PDF] (in English)

CEBC has organised a roundtable discussion to welcome Mr. Casper Sonesson, Officer-in-Charge of the Private Sector Division, UNDP Headquarters together with Mr. Mounir Tabet, Country Director of UNDP in Egypt, in December 2008, on the occasion of launching the new UNDP ‘Growing Inclusive Markets (GIM)’ report.

  • Al Gomhuria- “United Nations Calls for Private Sector to Make the Poor Partners in Development” [PDF] (in Arabic)

UNDP in collaboration with the Ministry of Investment launched today a report entitled ‘Creating Value for All: Strategies for Doing Business with the Poor’. UNDP Country Director Mounir Tabet said the report presents a number of strategies for private sector companies to expand their activities beyond the realm of traditional approaches to business to help make the poor partners in development. UNDP Administrator Kemal Dervis stated that the report sheds light on 50 case studies that include experiences from local and international SMEs.

  • Al Masry Al Youm- “GAFI and UNDP Call for Making the poor Partners in Development” [PDF] (in Arabic)

The General Authority for Investment and Free Zones (GAFI) in collaboration with UNDP launched yesterday a report entitled ‘Creating Value for All’. UNDP Country Director Mounir Tabet said the report outlines several strategies whereby the private sector can collaborate with governments to ensure the participation of the poor in the production and development processes. Tabet added that the report also presents solutions to the challenges that impede participation of the poor.

  • Al Messa’iyah- “Following Launch of UNDP Report, GAFI Chairman: Global Strategy to Combat Poverty with Private Sector Participation” [PDF] (in Arabic)

General Authority for Investment and Free Zones (GAFI) Chairman Assem Ragab stated, during a press conference held yesterday to launch the UNDP report entitled ‘Creating Value for All: Strategies for Doing Business with the Poor’, that there is a global trend toward reliance on the role of the private sector. Ragab said that the poor can be transformed into a productive society, which can help eliminate poverty rates across the world. UNDP Country Director Mounir Tabet added that United Nations Secretary General Ban Ki-Moon declared the year 2008 a turning point in the fight against poverty.

  • Al Akhbar- “New CSR Strategy in collaboration with UNDP” [PDF] (in Arabic)

Following the launch of the UNDP report entitled ‘Vreating Value for All: Strategies for Doing Business with the Poor’, the Canada-Egypt Business Council (CEBC) held a meeting with a UNDP delegation to review new procedures that can transform the poor into partners in achieving development and generating wealth.

  • Al Mal- “Inclusive Markets Initiative: A Golden Opportunity to Partner with the Poor in Development Projects” [PDF] (in Arabic)

Experts called for the prompt execution of the Growing Inclusive Markets initiative, a report on which was recently released by the General Authority for Investment and Free Zones (GAFI) and UNDP. Experts asserted that applying this initiative will ensure better participation of poor in development projects. UNDP Country Director Mounir Tabet mentioned that growing inclusive markets will fulfill joint benefits to both businesses and the poor.

  • Business Today Magazine- Interview with Casper Sonesson, Officer-in-charge, Private Sector Division, UNDP [PDF] (in English)

NATIONAL REPORT

Business Solutions for Human Development (January 2008)

UNDP has embarked on a review of business engagement in society to achieve the MDGs. This Egypt report is part of that exercise and seeks to map the current situation with regards to businesses’ role in human development, to highlight innovative promising trends, identify gaps and propose new approaches and partnerships within the Egyptian culture and context. This report explores ways of transforming challenges into opportunities by examining case studies from companies of different sizes and sectors and drawing out key lessons. It further proposes how to promote existing best practice and new practices and suggests the types of legal and institutional reforms needed to spur business growth for human development with particular focus on governance, internal compliance, transparency and accountability.

Download report

Contact Details

Nahla Zeitoun
Programme Associate
UNDP Egypt
1191 corniche El Nil Street
World Trade Centre Bldg. (4th floor)
Baulak, Cairo
Tel: 202-578-4840-6
nahla.zeitoun@undp.org
http://www.undp.org.eg/

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