Cairo – Mubasher: Egypt is planning to build 12 investment zones in a group of Egyptian governorates including Cairo, Qalyubia, Sharqia, Alexandria, Fayoum, Giza, Dakahlia, and Dumyat.
The new projects are expected to add around 208,000 jobs and attract EGP 78 billion ($4.47 billion) in investments, investment and international cooperation minister Sahar Nasr said on Wednesday.
Nasr added that the new zones were expected to host a variety of projects in many sectors, among them logistics, Nano- and bio-technology, higher education, research, and furniture.
The General Authority For Investment (GAFI) is projecting to build other six investment zones during the coming years in Suez, Qalyubia, Aswan, Luxor, and Cairo, with total investments of EGP 70 billion, Nasr revealed.
