Pursuant to Article (20) of Investment Law No. 72 of 2017, and without prejudice to Article (23), upon a decree of the Council of Ministers, companies incorporated to launch strategic or national projects – contributing to the achievement of development – or partnership projects between the private sector and the State, the public sector or the public business sector, in the fields of public utilities and infrastructure, new or renewable energy, roads, transportation or ports , may be granted one approval on the setup, operation and management of such projects, including the building licenses of such project and the allocation of the real property required therefor. Such approval may accord one or more of the incentives set forth in this Law to the project.

Golden License Guide

• According to Article (20) of Investment Law, the Golden License (Comprehensive Approval) may include the application of one or more incentives stipulated in the present Law to the project, and such includes the incentives stipulated in Part II of Investment Law, which are:

• General Incentives
• Special Incentives
• Additional Incentives 

• This approval must be valid on its own without the need to take any other action.