Cairo – Mubasher: The Micro, Small and Medium Enterprise Development Agency (MSMEDA) provided up to EGP 22 billion financing for around 1 million projects over the previous four years, the head of branches at MSMEDA said.
Since its establishment, the agency financed more than 3 million projects worth EGP 46 billion, that created 5 million job opportunities, Mahmoud Mehrez told private Egyptian TV network Extra News.
He pointed out that up to 4,311 factories across 12 governorates will be opened in the coming period.