Would the global trade come to a standstill as supply chain crisis worsens?    EBRD vice president heads delegation to Egypt to discuss new country strategy    The unvaccinated prohibited from entry to Egypt state institutions starting December 1    Egypt, Cyprus sign deal for electricity grid link    Russia to lift COVID restrictions on flights to Egypt's Red Sea resorts on Nov. 9    Egypt, Greece ink deal for first subsea power link between Europe and Africa    Egypt hosts regional conference of EU refugee agency EASO    SCOHRE sparks discussion on harm reduction, tobacco control    Egypt to receive first of six high-trains from Spain's Talgo in mid-November    Egypt's iron and steel exports jump 197% in 8 months    Ethiopia halts work at its embassy in Egypt for 'economic reasons'    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Over 100 officials resign from Tunisia's main Islamist party    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egyptian court bans use of mosques for political purposes    Brazil calls up 8 EPL players for World Cup qualifying    Refugees in fear as sentiment turns against them in Turkey    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    Sisi calls on House, Senate to commence second legislative sessions on 3, 5 October    Huawei Technologies has invested $10 mln over 5 years in innovation centres in Egypt    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    Qa'a play showing at Lycee El Horreya Theatre, Alexandria is a must go    Orange Egypt Introduces Amazon Prime Video    Tokyo Olympics: Cautious opening ceremony, shy start for Egyptians in competitions    Mallawi Museum in Upper Egypt holds recycling workshop for children during Eid Al-Adha    Egypt keen on stable tax policies to attract more investors: Finance Minister    Sudan declares state of emergency as water goes beyond Merowe Dam capacity    Niagara Falls illuminated in Egyptian flag to mark 23 July Revolution anniversary    Capital flows into EM keep recovering after March 2020 slump: Central Bank of Egypt    1 child orphaned every 12 seconds due to COVID-19-associated death: World Bank    Egypt, Japanese Olympic Committee discuss boosting sports cooperation    US emphasises AU's role in mediating Ethiopian damdispute    Ethiopia ready to resume dam talks with no legally binding agreements: Ethiopian official    Sunken city of Thônis-Heracleion in Egypt's Abu Qir bay yields new archaeological treasures    New films, concerts, and destinations for Eid Al-Adha holidays    Egypt, Oman discuss enhancing bilateral economic, investment relations    Al Ahly v Kaizer Chiefs: Cairo giants eye 10th CAF Champions League title    Tunisia hopes to have a UN role in resolving Egypt-Ethiopia dam dispute    APO Group enters new exclusive agreement with Getty Images on African press releases and images    On International Museum Day, Egypt opens two new museums at Cairo Airport    Old Cairo's Al-Fustat will be revamped on Egyptian President's directives    







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



MSMEDA develops plan to improve SMEs sector post-COVID-19: Trade Minister
Gamea explained that the agency is keen to meet with governors and leaders of the authorities working in the SMEs sector.
Published in Daily News Egypt on 14 - 07 - 2020

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) is developing an urgent plan to improve Egypt's SMEs sector after the coronavirus (COVID-19), according to Nevine Gamea, Minister of Trade and Industry and Executive Director of MSMEDA,
Gamea explained that the agency is keen to meet with governors and leaders of the authorities working in the SMEs sector.
The meetings will be set up to learn about their needs, and to identify the problems facing young people who are looking to establish new small projects or are already operating existing projects. The discussions will also study the various investment opportunities in each governorate.
A MSMEDA delegation headed by its Executive Vice-President, Tarek Shash, visited Sharqeya governorate to discuss expansions of new SMEs, and identify the conditions at factories that need financial and technical support.
Shash said that between July 2014 and May 2017, the agency granted 97,000 projects in the governorate investments worth EGP 2bn, which created 142,000 jobs. The agency also allocated EGP 98m to implement infrastructure and social and human development projects, which have provided over 1m jobs for irregular workers.
He explained that there are projects currently being implemented in the governorate to replace and renew some drinking water lines and sewage network. Other projects include the restoration of a number of youth centres and health units in the cities of Zagazig, Belbais, Minya El Kamh, and Mashtoul El Shouk.
These projects have been carried out using grants provided by the European Union (EU) and the European Investment Bank (EIB). The projects aim to provide Egypt with appropriate environment in which to establish SMEs.


Clic here to read the story from its source.