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Industry minister meets IDA’s top officials
21 May 2022  -  Organization :  -  Sector/Entity :  -  Category : Industry News

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The meeting has outlined the vision for enhancing the Industrial Development Authority’s role.

Cairo- May 21, 2022

Minister of Trade and Industry Nevine Gamea has held an expanded meeting with senior officials at the Industrial Development Authority (IDA) to discuss its current service system and outline the vision for enhancing its role during the coming period.

“A comprehensive plan to develop the IDA’s services is underway in order to offer more facilities to investors in all industrial sectors,” Gamea said, stressing the special attention given by the government to boosting investment amid the global economic crisis.

The move, she added, would streamline procedures for land allocation in industrial estates and the related licensing process.

The minister further noted that the country aims to lure more capital into the manufacturing sector, hence, boosting its contribution to GDP, creating jobs and deepening local industry.

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