Industrial Growth Rates Hike Up 3.2% In 2012: Hatem Saleh

The rates of industrial growth achieved as to 3.2% in Q4 of 2012, due to the relative stability that the country lived, said Egyptian Minister of Industry and Foreign Trade, Hatem Saleh.

On the sidelines of the press conference that was held this morning at the Federation of Egyptian Industries (FEI), Hatem Saleh asserted to Amwal Al Ghad that stopping the strikes of workers in the factories during the past period had hugely contributed to pushing the rates of the industrial growth; referring that the protests were deadened to 5%, after reaching 25% during Q1 of 2012.

Saleh has affirmed that the industrial growth rates during Q3 of 2012 recorded positive values on the reason of the stability state in Egypt; expecting that these positive rates last for long periods in 2013.