UN Palestine peace conference suspended amid regional escalation    Egypt advances integrated waste management city in 10th of Ramadan with World Bank support    Hyatt, Egypt's ADD Developments sign MoU for hotel expansion    Serbian PM calls trade deal a 'new page' in Egypt ties    Reforms make Egypt 'land of opportunity,' business leader tells Serbia    TMG climbs to 4th in Forbes' Top 50 Public Companies in Egypt' list on surging sales, assets    Egypt, Japan's JICA plan school expansion – Cabinet    Egypt's EDA, AstraZeneca discuss local manufacturing    Israel intensifies strikes on Tehran as Iran vows retaliation, global leaders call for de-escalation    Egypt issues nearly 20 million digital treatment approvals as health insurance digitalisation accelerates    LTRA, Rehla Rides forge public–private partnership for smart transport    Egyptian pound rebounds at June 16 close – CBE    China's fixed asset investment surges in Jan–May    Egypt secures €21m EU grant for low-carbon transition    Sisi launches new support initiative for families of war, terrorism victims    Egypt, Cyprus discuss regional escalation, urge return to Iran-US talks    Egypt nuclear authority: No radiation rise amid regional unrest    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Egypt slams Israeli strike on Iran, warns of regional chaos    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    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    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    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.



NUCA Employees Reject Industrial Plots Supervision's Decision
Published in Amwal Al Ghad on 17 - 08 - 2012

A number of employees at the New Urban Communities Authority "NUCA" asked the Minister of Housing to reverse his decision of transferring the supervision on industrial plots from the new cities apparatuses to the Industrial Development Authority. They suggested that the New Urban Communities Authority pursue its responsibility of the industrial plots in order to ensure that the planning and implementation will be fast and efficient, pointing out to the necessity of cancelling the cooperation protocol between the ministries of Housing and Industrial Development.
A source at the central Administration of the New Urban Communities Authority said the former regime was planning to make up fabricated crises, lay off many employees and tighten the facilities for investor in order to lead them to bankruptcy. For example, the Qiz agreement was concluded in order to abuse the the capital of the investors, render them insolvent and end up closing their factories.
He explained that the cities apparatuses divided the industrial areas into groups according to the industry in which they are working. This helped to form integrated industrial communities and facilitated the industrial waste water treatment, which would, in turn, keep the sanitary sewer intact.
Moreover, he enumerated the negative aspects regarding assigning the Ministry of Industrial Development to the allocation of the investors' plots in stead of the apparatuses of new cities. First of all, the Ministry of Industrial Development requires a letter of guarantee with an amount of money that might harm the investor's budget, in addition to conducting a number of complicated procedures to seize as much money as possible from the investor.
The Negative points also include the fact that the Ministry of Industrial Development does set an accurate map to the sites of the factories and does not place the factories which work in similar industries in the same area to protect the environment.
The third point is that the Industrial Development Authority has sold plots with the same specifications at different prices. In other words, one company may buy the plot furnished with utilities at a cost of EGP 30 for the meter; another may get it without utilities at EGP 43 per meter and a third may get a plot with full utilities at EGP195 per meter.
For example, Ghabbourr Auto, located in Sadat City, received about 4 million flat meters at the so-called Industrial Developers area with Utilities from the Industrial Development Authority at a cost of EGP 30 per meter, while the actual cost of the meter is EGP 89. On the other hand, the Authority sold the same plots but without utilities at 43 per meter to companies such as Beshay Steel, Watanya for fertilizers, and Al Wadi for fertilizers.
Above all, the Authority's procedures take so much time and that would in turn render the investor unwilling to invest in new cities.


Clic here to read the story from its source.