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Gamea presents Upper Egypt development efforts at Luxor’s Annual Sustainability Conference
4 March 2022  -  Organization :  -  Sector/Entity :  -  Category : Industry News

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Gamea has reviewed the government's efforts to make a quantum leap in Upper Egypt.

Luxor- Mar 4, 2022

Minister of Trade and Industry Nevine Gamea has participated in the second edition of the “Annual Sustainability Conference” organized in Luxor, under the patronage of the Prime Minister, by Al- Orman Association in cooperation with the Federation of Egyptian Industries (FEI).

The event was attended by the ministers of planning, youth, immigration, international cooperation and social solidarity, head of the FEI, and Roberto Suárez, the secretary-general of the International Organization of Employers- via video conference.

“Egypt’s political leadership is keen to achieve an integrated development in Upper Egypt, which was reflected in the “Upper Egypt Week” where President Sisi inaugurated several national projects and industrial complexes in a number of governorates,” Gamea said in her speech, reviewing the government's efforts to make a quantum leap in the region.

In this respect, Gamea pointed out that the government launched the Sustainable Development Strategy (SDS): Egypt Vision 2030, which aims to create a competitive, balanced and diversified economy, dependent on innovation and knowledge, investing the ingenuity of place and humans to achieve sustainable development and to improve Egyptians' life quality.

MTI, she added, is implementing several national projects to deepen local industrialization, including a local development program in Upper Egypt which would create around 25,000 new jobs to reduce poverty in the governorates of Sohag and Qena, in addition to participation in the “Decent Life” presidential initiative.

Besides establishing specialized industrial complexes at a cost of EGP 10 billion mainly in Upper Egypt, the ministry also allocated some 9,127 thousand square meters of land for industrial use, and issued 7,540 industrial licenses and 7,454 first-time operating permits, Gamea added.

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