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Egyptian Minister Announces New Industrial Land System
Egyptian Minister of Industry Khaled Hesham announced the upcoming launch of a new package of industrial land allocation systems. The goal is to simplify procedures for small enterprises and facilitate their access to land, in addition to offering ready-to-operate industrial units within industrial complexes. The initiative also includes directing funding to support supplier industries and launching an investment fund to finance industrial projects with contributions from citizens. This step is part of the ministry's efforts to promote investment and stimulate the industrial economy, with a focus on developing small and medium-sized industries, achieving a green transformation through supporting solar energy use, energy and water conservation, and enhancing the sustainability of the industrial sector.
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