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Gamea discusses with military engineering body establishing industrial park in Alexandria’s Masharef project
12 February 2022  -  Organization :  -  Sector/Entity :  -  Category : Industry News

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MTI aims to expand the establishment of industrial complexes in all governorates to serve various production sectors.

Alexandria- Feb 12, 2022

Minister of Trade and Industry Nevine Gamea has met with Vice President of the Engineering Authority of the Armed Forces for the Northern Region Ahmed al-Azzazi, at the headquarters of the Northern Region, to discuss plans for setting up an industrial zone in the second phase of the “Masharef” project, in Alexandria, over an area of ​​1,000 acres.

The meeting was attended by Mohamed El-Zalat, head of the Industrial Development Authority; Mahmoud Mahrez, president of Cairo Investment Company; and Mohamed Anwar, head of the Executive Authority for Industrial Projects.

“MTI aims to expand the establishment of industrial complexes in all governorates to serve various production sectors,” Gamea said, noting that this would contribute to deepening local manufacturing, providing market needs and creating more job opportunities.

She stressed the ministry’s keenness to develop specialized industrial complexes with fully-equipped units for investors to start immediate production, adding that they would significantly help achieve integration between production and supply chains.

The new 1,550-acre project in Amreya, Alexandria, is an integrated ​​ city. The first phase covers an area of ​​550 acres with a total capacity of 60,000 housing units and about 480,000 square meters of commercial property; it also provides alternative housing- 40,000 housing units- to slum dwellers.

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