Egypt’s Ministry to Announce New System for Industrial Areas within Days

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The Egyptian Investment and Industry and Trade Ministry will about to announce for its new system regarding identifying the mechanism of dealing with the industrial areas whether concerning the allocation procedures or the pricing within the coming few days, Mounir Fakhry Adel Nour, the Minister asserted.

The system will include determining the relationship between the New Urban Communities Authority (NUCA), the governorates and the Industrial Development Authority in dealing with these areas, noting that Eng. Ibrahim Mehleb, Egypt’s PM promised to find solution for this dilemma in order to facilitate the obtaining industrial areas for the investors, Abdel Nour explained.

Moreover, the ministry will not hesitate to take any decision to ensure the export of products with highly additional value and to stop exporting it with raw image.

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