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Source:
بوابة الأهرام
Industry Minister Halts Land Withdrawal to Protect Investment
The article discusses the Ministry of Industry's decision to suspend the implementation of the land revocation policy for industrial areas, which aimed to curb speculation and rising prices, as well as to facilitate ownership or leasing procedures for investors until the end of the year. This move is part of the ministry's efforts to regulate the industrial land market, encourage industrial expansion, and emphasizes the importance of utilizing land for the construction of productive factories within specific timeframes. The ministry also continues to review unused lands to revoke and reintroduce them for genuine investment. These measures have led to easier transactions involving industrial lands and ensure they are directed toward actual production and investment.
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