Egypt partners with Google to promote 'unmatched diversity' tourism campaign    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Taiwan GDP surges on tech demand    World Bank: Global commodity prices to fall 17% by '26    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    France's harmonised inflation eases slightly in April    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    CBE governor meets Beijing delegation to discuss economic, financial cooperation    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    Egypt's Foreign Minister calls new Somali counterpart, reaffirms support    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Two new recycling projects launched in Egypt with EGP 1.7bn investment    Egypt's ambassador to Palestine congratulates Al-Sheikh on new senior state role    Egypt pleads before ICJ over Israel's obligations in occupied Palestine    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    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.