Cairo – Mubasher: Singaporean company studies establishing an industrial zone worth EGP 15 billion in Fayoum Governorate, said Yasser EL Magraby, Minister of Trade and Industry Consultant.
“The government studies proving the company with the project’s land with usufruct of 30 years,” added EL Magraby.
The government will sign preliminary memorandum of understanding with the Singaporean company regarding such project, noted EL Magraby.
Egypt’s government seeks to boost the growth of the industrial sector by 8% during the fiscal year 2017 – 2018.
