"Narrative Summit" Releases 2025 Recommendations to Cement Egypt's Position as a Global Tourism Destination    Egypt, S.Arabia step up trade ties through coordination council talks    Egypt reviews progress on $200m World Bank-funded waste management hub    Egypt urges Israel to accept Gaza deal amid intensifying fighting    Egypt, ADIB explore strategic partnership in digital healthcare, investment    SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt's FM, Palestinian PM visit Rafah crossing to review Gaza aid    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    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    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    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    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 built 17 industrial sites across 15 governorates, with 5,046 units in just 9 years
Published in Daily News Egypt on 05 - 07 - 2023

Egypt's industrial sector has achieved significant progress from July 2014 to June 2023. The most noteworthy industrial achievement is the establishment of 17 industrial complexes in 15 governorates, which comprise a total of 5,046 industrial units.
The construction of these industrial complexes has been completed 100%. Moreover, new industrial cities like Robbiki Leather City on 506 feddans have been established, with the first phase completed 100%, the second phase completed 45%, and the third phase completed 95%.
Additionally, the local development program in Upper Egypt includes the implementation of infrastructure works such as water, sewage, roads, electricity, telecommunications, and natural gas in regions of West Gerga and West Tahta in Sohag Governorate and the two regions of Qeft in Qena Governorate.
During the period from 2016 to 2020, the total area of offered industrial lands including roads, services, green spaces, and parking lots amounted to 37m sqm. Meanwhile, from 2016 to May 2023, 3,905 industrial plots were allocated, with a total area of 14.8m sqm. Additionally, 85,752 operating licenses were granted from 2017 to May 2023, 7,433 building permits were issued from 2015 to May 2023, and 57,122 industrial records were granted. Currently, 10 industrial areas have been connected with utilities and services, and another 26 industrial areas are in the process of being connected with utilities.
Under the industrial developer system, 720 land sale contracts have been approved for signing. The Industrial Development Authority has also prepared 56,600 studies on customs reductions, government agencies' needs, government tenders, and support for exports.
The Ministry of Industry and Trade has issued several important decisions to boost the industrial sector, including a law to facilitate procedures for granting industrial licenses and issuing its executive regulations. The executive regulations for the Egyptian industrial products preference law in government contracts have been issued, along with the Industrial Development Authority law and its executive regulations.
The ministry has also provided a broad package of facilities for special projects. It launched the national program to deepen local industrialization, which aims to improve the competitiveness of the Egyptian industry, replace imported products with local products, and create an industrial base of local suppliers. Furthermore, the ministry has issued an unprecedented facilitation package to enable small investors' access to units in specialized industrial complexes. It also launched the national program to convert and replace vehicles with clean energy.
The Ministry has signed several memorandums of understanding (MoUs) to enhance cooperation with foreign entities and countries. For instance, a MoU has been signed to enhance joint cooperation in the field of modernizing the infrastructure of grain, dairy, and bakery industries between Egypt and Russia. It aims to build new infrastructure facilities in Egypt for storing and processing grain, bakeries, and dairy processing for three years.


Clic here to read the story from its source.