Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Singapore's Destiny Energy to invest $210m in Egypt to produce 100,000 tonnes of green ammonia annually    Egypt, South Africa discuss strengthening cooperation in industry, transport    Egypt's FM discusses Gaza, Libya, Sudan at Turkey's SETA foundation    UN warns of 'systematic atrocities,' deepening humanitarian catastrophe in Sudan    Egypt launches 3rd World Conference on Population, Health and Human Development    Cowardly attacks will not weaken Pakistan's resolve to fight terrorism, says FM    Gold prices in Egypt edge higher on Wednesday, 12 Nov., 2025    Egypt's TMG 9-month profit jumps 70% on record SouthMed sales    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Latvia sign healthcare MoU during PHDC'25    Egypt joins Advanced Breast Cancer Global Alliance as health expert wins seat    Egypt's Suez Canal Authority, Sudan's Sea Ports Corp. in development talks    Egyptian pound gains slightly against dollar in early Wednesday trade    Egypt, India explore cooperation in high-tech pharmaceutical manufacturing, health investments    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Egypt releases 2023 State of Environment Report    Egyptians vote in 1st stage of lower house of parliament elections    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Egypt repatriates 36 smuggled ancient artefacts from the US    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    VS-FILM Festival for Very Short Films Ignites El Sokhna    Egypt's cultural palaces authority launches nationwide arts and culture events    Egypt launches Red Sea Open to boost tourism, international profile    Qatar to activate Egypt investment package with Matrouh deal in days: Cabinet    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Madinaty Golf Club to host 104th Egyptian Open    Egypt's PM reviews efforts to remove Nile River encroachments    Al-Sisi: Cairo to host Gaza reconstruction conference in November    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    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    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.



Running opposing shows
Published in The Egyptian Gazette on 14 - 04 - 2010

MISPLACED investments in this country indeed prove that the dots do need to be joined up.
The Government-owned Eastern Tobacco Company has recently proclaimed what it believed to be good news about its projected huge complex to occupy an area of 375 feddans(acres) in Sixth October City. The costs, according to the company chair, are LE 5.5 billion, 49 per cent of which is funded by bank loans.
The complex is intended to cover the entire local demand of cigarettes, which amounts to 82 billion cigarettes per year in addition to a surplus l0 per cent to face any unexpected consumption rise.
This ambitious plan might have been applauded if it were concerned with any sector other than the tobacco industry. Figures related to smoking in Egypt reflect the significance of reducing not augmenting cigarette production. Official reports state that 500,000 local smokers are under the age of l5, that five per cent of family income is directed towards cigarette smoking and that the volume of national expenditure on smoking is LE5 billion.
Is there any sense then in bragging about such an enterprise? Ironically, while investments are being pumped in to enlarge the State-owned tobacco manufacturer, substantial funds are being geared to anti-smoking campaigns; and the Government is the party running both shows.
The Sixth October complex is furthermore equipped to cover local needs until 2060. Is this a priority at a time when many cases of smokerelated health disorders are being treated at state expense?
On the other hand, the Government has very recently announced its intention to impose l0 per cent fees on cigarette packs sold in order to boost the resources of the Health Insurance Authority.
The contradictory policy in this sector is actually incomprehensible.


Clic here to read the story from its source.