Egypt will Announce Soon for Global Trade City with EGP40bn: Minister

Egyptian Supply and Internal Trade Minister Khaled Hanafy announced that it will be announced soon for establishing global trade city with EGP40 billion investments.

The Ministry is currently seeking to continue its scheme regarding the establishment of global trade city near the area of Suez Canal Development axis, Hanafy noted.

Moreover, Hanafy added that the area of the city will up to 1000 feddan and it will provide nearly 500 thousand job opportunities after the launch of phase I, stressing that it will include examples from the Arab countries and famous areas in the world to attract international companies so as to produce and display all the global brands.