24 Hrs
Source:
بوابة الفجر
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Govt and parliament agree on factory support fund
The Egyptian Parliament has approved the launch of a fund to finance distressed factories and the establishment of an early warning unit to support them. This aims to address the crisis of inactive factories, which affects job opportunities and the national economy. The Industry Committee in the House of Representatives discussed the necessary measures to restart these factories, including promoting electronic platforms, facilitating procedures, and providing incentives to ensure operational revival of viable factories. The activation of the fund and platform will be carried out within a specified timeframe to support and strengthen the industrial sector and reduce the challenges it faces.
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