Egypt has 119 industrial zones with investments worth 700 bln pounds: official

Egypt has 119 industrial zones spread around the state with total investments of 700 billion Egyptian pounds under the supervision of the Egyptian Industrial Development Authority (IDA), said Amany Moemen.

The Chairman’s Counselor for Strategies and International Cooperation made these remarks during the 7th SIA international conference “Sustainable Industrial Areas – Investment Promotion| SME Development | Productive Employment”.

The conference serves as an international platform for exchanging knowledge about development of Sustainable Industrial Areas worldwide and address the Egyptian vision regarding Industrial Areas.