13 industrial complexes to be launched in 2019

The Ministry of industry is planning to complete establishing 13 industrial complexes for small and medium sized enterprises during 2019, said Amr Nassar the Minister of industry.

He added that the industrial complexes are being carried out in 12 governorates with total industrial units of 4317 with licenses, noting that the complexes  would launch be for investors during 2019.

The minister further noted that the production has started in both Sadat and Badr industrial complexes.

The Ministry of Industry and Foreign Trade launched in late October, 2017, a comprehensive map for industrial investment involving opportunities in several of the sectors’ segments. These opportunities were defined according to the competitive characteristics of every governorate.

The investment map includes 4,136 opportunities in eight sectors, including engineering, chemicals, food and fabrics.

Around 1,260 opportunities are in the engineering industries, 860 in the chemical industries, 640 in the food industries, 600 in the textile sector, 395 in the mining sector, 180 in the pharmaceuticals sector, 122 in the metal industries and 56 in the leather industries.

The small industries comprised 56 percent of the presented opportunities, followed by 23 percent in the medium industries, 13 percent in micro-small industries and 8 percent in giant industries.