Egypt to invest EGP 200m to finalise industrial complexes

Cairo – Mubasher: Egyptian trade minister Amr Nassar stated on Tuesday that the government would allocate EGP 200 million to install utilities required for the planned industrial complexes.

The finance required for the industrial complexes in the governorates of Alexandria, Hurghada, and the Red Sea will be transferred by the government, the minister added.

On top of the priorities of President Abdul Fattah El-Sisi is the development of the industrial sector in Egypt, Nassar noted.

Nassar added that his ministry would conduct a continuous follow-up of the connection of utilities to the industrial complexes and the bidding and promotion plans.

Mubasher Contribution Time: 11-Jun-2019 13:27 (GMT)
Mubasher Last Update Time: 11-Jun-2019 13:58 (GMT)