New Investments In Abu Rawash Worth EGP 3.6 Bln Await Approvals

More than 800 factories in Abu Rawash are waiting for Giza Governorate’s licenses and for Abu Rawash executive agency’s approvals so as to start working. Those factories have mostly finished the establishment phase.

Magdy Foaad, a technical adviser in Abu Rawash Manufacturers and Investors Association and investor in one of those factories, told Amwal Al Ghad that the requirements for running those new industrial investments include obtaining license from Giza governorate and  the Civil Defense Apparatus’ approvals.

“These new industrial investments’ costs roughly reached EGP 3.6 billion distributed to the number of factories which ranges between 800-1200.” Foaad added