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.