Egypt's President Abdel-Fattah El- Sisi directed officials to launch a government portal for the unified industrial investment map in September. The President met on Thursday with Prime Minister Mostafa Madbouly in the presence of Trade and Industry Minister Amr Nassar and heads of the Micro, Small & Medium Enterprise Development Agency and the National Land Use Planning Center. The meeting focused on the new mechanism regulating industrial lands across the country, Presidential Spokesman Bassam Radi said. The meeting also tackled future visions adopted by the State to develop industrial sector. Radi said El-Sisi urged paying more attention to developing micro, small and medium enterprises to provide more jobs and boost economic and social safety networks. The president also called for setting up more integrated industrial cities to boost industry. Madbouly updated the President on efforts exerted by the government to remove hurdles facing industrial investors and the outcome of the coordinating council for industrial areas. The meeting also tackled the new mechanism regulating industrial areas across the nation and their prices in a way that will help develop national industry and increase exports. Trade and Industry Minister Nassar also briefed El- Sisi on latest efforts to promote micro, small and medium industries which are considered the locomotive of economic development in the country. Relatively, The Industrial Development Authority (IDA) is to launch a pilot version of the lands for industrial purpose map, and industrial investment opportunities in this regard, online in September, according to IDA head Magdy Ghazy. Ghazy added, during a meeting held Thursday with a delegation of China's Southeast University (SEU) and Chinese ManKai company, the map is the first guide for lands and industrial zones that includes all data about vacant lots ready to be tapped as investment opportunities in the new cities and governorates.
