Egypt’s ITDA Seeks to Launch Second Generation of Logistic Developer This Month

Egypt’s Internal Trade Development Authority (ITDA) is planning to launch the second generation of the commercial and logistic developer within the current month.

Dr. Khaled Hanafy –Chairman of the Internal Trade Development Authority – said the second generation of the commercial and logistic developer includes the establishment of commercial and logistic zones in 8 governorates.

Governorates of Lower and Upper Egypt will capture lion’s shares of ITDA’s second generation of logistic developer, said the top official in a press conference held on Thursday, noting that ITDA is seeking to allure new investments in local market. 

In the presence of Egyptian Minister of Supply Dr. Mohamed Abu Shady, ITDA has organized a press conference to reveal state strategic and comprehensive plans to upgrade the country’s internal trade.

Alluring more Gulf and Arab investments will be on top of ITDA’s agenda within the upcoming days, Hanafy added.