Egypt invites US investment in ports, shipping, and rail sectors    Finance Ministry launches €10M fund to support PPP project preparation    Public Prosecution to transfer 200kg of refined gold to CBE: Shawky    Egypt inks $121m oil, gas exploration deals with Apache, Dragon Oil, Prenco    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt renews call for Middle East free of nuclear weapons، ahead of IAEA conference    Egypt's EDA, Korean pharma firms explore investment opportunities    Egypt's FM heads to Doha for talks on Israel escalation    Egypt strengthens inter-ministerial cooperation to upgrade healthcare sector    Egyptian government charts new policies to advance human development    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's IDA grants licences for new 235 projects in March 2016
Hisham Ibrahim Sanaa Allam Published in Amwal Al Ghad on 16 - 04 - 2016

Egyptian Industrial Development Authority (IDA) granted approvals for establishing 235 new projects inside and outside industrial zones with investments estimated at 3.6 billion Egyptian pounds (US$405,282 thousand) in March 2016.
Trade and Industry Minister Tarek Qabil stated Saturday that the new projects are set to provide around 10,000 new job opportunities
In March 2015, IDA has granted licences for 225 projects -whose investments worth 2.2 billion pounds- that provided 7,000 job opportunities, marking 4 percent growth, the minister clarified.
The granted approvals included nine different industrial sectors; food industries got (82 approvals), engineering industries (60 approvals), chemical industries (48 approvals), textile (24 approvals), power (9 approvals), mining and mineral sectors (5 approvals for each), pharmaceutical and leather sectors ( one approval for each).
Qabil noted that the approvals are distributed over 22 governorates; Al Sharqia (48 projects), Giza (32 projects), Aswan (27 projects), Cairo (25 projects), Monufia (20 projects), Qalyubia (15 projects), Sohag (11 projects), Asyut (7 projects), Minya (7projects), in addition to New Valley and Qena (one project for Each).

Clic here to read the story from its source.