Send To Friend
Gamea participates in seminar on challenges to Egypt trade, industry
16 March 2022  -  Sector :  -  Entity :  -  Category : General

Other Titles

Gamea has taken part in an event organized by the Egyptian Industrialist Association to discuss the challenges facing Egypt’s industry and export sectors in.

Cairo- Mar 16, 2022

Minister of Trade and Industry Nevine Gamea has taken part in a seminar organized by the Egyptian Industrialist Association (EIA) and the Chemical Industries Export Council to discuss the challenges facing the industry and export sectors in Egypt.

A host of heads of manufacturing companies attended the event, as well as officials from the ministry and its Medium, Small and Micro Enterprise Development Agency.

“The government diligently seeks to create an investment-conducive climate and find effective solutions to all the challenges facing the business community,” Gamea said in her speech.

The ministry, she added, has prepared a list of 83 investment opportunities to manufacture certain products locally instead of importing them, noting that the Industrial Modernization Center has already identified 131 imported goods for that reason, hence reducing the import bill.

She pointed out that the political leadership attaches great importance to setting up more specialized industrial complexes, referring to the establishment of 17 industrial parks in 15 governorates across the country, at a total investment cost of EGP10 billion.

In a bid to address land hoarding, a high-level committee was formed to conduct a comprehensive survey of unused industrial lands in all governorates to make better use of them, Gamea further noted.

Add new comment
Comment body*
(0) Comment(s)