Egypt completes establishment of 4,500 factories in 2019

Cairo – Mubasher: Egypt is currently implementing a programme to establish 4,500 factories in 14 industrial zones located in 13 governorates during 2019 with a total cost of EGP 8.9 billion, the country’s prime minister Moustafa Madbouly said.

In addition, facilities of these factories are being implemented with a cost of EGP 3 billion this year, Madbouly added in a statement on Monday.

Moreover, additional credit facilities and incentives will be provided to manufacturers, in addition to setting up an e-portal for land reservation, he revealed.

Mubasher Contribution Time: 03-Sep-2019 11:02 (GMT)
Mubasher Last Update Time: 03-Sep-2019 11:02 (GMT)