Egypt’s IDA offers 152 investment opportunities to bridge $30 bln import gap

The Egyptian Industrial Development Authority (IDA) has provided 152 investment opportunities in the industrial sector to fill in an import gap estimated at up to $30 billion, according to its statement on Sunday.

IDA’s Chairman Mohamed Abdel Karim has invited local and foreign investors to consider the new investment opportunities, which are ready to be executed, announced on the authority’s website.

These opportunities have been shared with relevant stakeholders, such as commerce chambers, and investment and business associations, in order to promote these opportunities and start implementing them, Abdel Karim added.