Hatem Saleh, Egypt’s Minister of Industry and Foreign Trade, inaugurated Badr Port in the industrial zone of Badr City. The value of investments in Badr City amounts to EGP 2 billion, while working will be started in January 2013. The minister resumed his visit and inaugurated Egypt Company for Food Industries.
Alaa Al Sakty, chairman of the board of Badr Industrial City Investors Association, said the industrial zone includes 1248 industrial ports of land, with middle and big factories, 500 factories under-construction, 300 working factories with EGP 5 investments and EGP 9 billion production. 50% of the production is for exports.