Masress : Industry ministry to offer 2 million sqm in Sadat City next month

Grand Egyptian Museum opening delayed to Q4 Egypt delays Grand Museum opening to Q4 amid regional tensions Israel and Iran's nuclear programme: Intense strikes and "limited damage" Trump faces MAGA backlash as Israel-Iran conflict tests non-interventionist promise Egypt's Foreign Minister condemns Israeli strikes in calls with European, Iraqi counterparts Egypt: No nuclear leak detected at Iran's Natanz after Israeli strikes Egypt slams Israeli strike on Iran, warns of regional chaos Private sector gains clout in Egypt's economic strategy talks 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 US Senate clears over $3b in arms sales to Qatar, UAE Egypt, Lebanon discuss water, irrigation cooperation France's growth outlook dips Egypt discusses urgent population, development plan with WB Egypt pursues stronger agricultural investment across Africa Egypt reaffirms commitment to ocean conservation at UN conference Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity External debt of budget sector falls by $2bn in 10 months: Finance Minister Gold prices edge higher as markets await key US inflation data, trade clarity Egypt boosts higher education ties under 24/25 strategy Egypt reaffirms support for global plastics treaty at UN Oceans Summit Egypt unveils 10-year investment plan for healthcare sector 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 Egypt's FM praises ties with 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.

Industry ministry to offer 2 million sqm in Sadat City next month
The ministry is expected to offer about 15 million sqm by the end of the current year, says minister

Shaimaa Al Aees Published in Daily News Egypt on 26 - 08 - 2017

Minister of Industry and Trade Tarek Kabil said that the Industrial Development Authority (IDA), affiliated to the ministry, will offer 2 million sqm of new land to investors in Sadat City as well as three new industrial clusters equipped with licences in the 10th of Ramadan City.
Kabil added that the ministry will implement a total of 15 clusters, including 8 in Upper Egypt.
On Saturday, the minister handed over the contracts of the first phase of the new lands in Sadat City, which has a total area of 2.4 million sqm for the engineering, food, and pharmaceutical industries.
Kabil pointed out that this area includes a small industrial cluster comprising 296 units, which is scheduled to be completed in September to be the first complex llicences are delivered within the three clusters offered by the IDA in Sadat, Badr, and Port Said.
He noted that the availability of new lands is a top priority for the ministry. The ministry is expected to offer about 15 million sqm by the end of the current year to meet the needs of investors in all industrial sectors.
On 14 December, the Ministry of Industry and Trade launched the initiative of "your factory is ready to licence" for the first time in Egypt to offer 296 plots of lands for establishing factories in the small and medium industry cluster in Sadat City.
The lands are divided into 128 factories with an area of 300 sqm, 96 factories on 480 sqm, 24 factories on 560 sqm, and 48 factories on an area of 720 sqm.

Clic here to read the story from its source.