Egypt’s Internal Trade Authority Says EGP4 bln Targeted Investments by 2014

Khaled Hanafy, Chairman of Internal Trade Development Authority (ITDA) revealed that ITDA is targeting to allure EGP4 billion investments within 2014.

Hanfay has informed Amwal Al Ghad in an exclusive that there will be an entire map in all the available investment opportunities in the internal trade sector among the National plan for the Egyptian economic of the New Year.

Hanfay stated that ITDA’s main strategy depends on the advancement of internal trade system through reducing the prices and allowing the finest of goods through distribution system for advanced logistics networks of supply chains and internal transport.

He pointed out that the integrated plan is currently conducting in order to eliminate indiscriminate trading and to enter it in the official system and create job opportunities by paying attention to developing markets, as well as training of human resources.