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IDA chief meets South Raswa investors
12 August 2021  -  Organization :  -  Sector/Entity :  -  Category : Industry News

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The meeting has discussed means to streamline procedures of obtaining lands and start projects in the industrial zone.

Cairo- Aug 12, 2021

In compliance with the prime minister’s directives, Head of the Industrial Development Authority Mohamed al-Zalat has held an extended meeting, at the authority’s headquarters, with 16 investors wishing to obtain industrial lands in the South Raswa area in Port Said.

The meeting discussed means to streamline procedures of obtaining lands and start projects in the industrial zone.

During the meeting, al-Zalat stressed the commitment of the state, represented by the Ministry of Trade and Industry, in overcoming all challenges facing investors.

He pointed out that EGP 351 million has been injected to complete the infrastructure work in the southern Raswa industrial area, and that the authority is currently studying to grant more facilitations and incentives to investors regarding land payment schemes.

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