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Source:
بوابة الأهرام
Industry Minister resolves Decennial Collection case
The article focused on the Egyptian Ministry of Industry's decision to resolve the "Decimal Joint Venture" case for industrial investors, aimed at easing procedures for regularizing factory statuses and supporting investment. A new decision was announced stating that the value of the land will be calculated at one-tenth of its actual value at the time of regularization, thereby reducing the financial burden on investors, especially for lands exceeding 10,000 square meters. This amendment is part of a policy review to enhance the industrial investment environment, speed up procedures, and stimulate production in Egypt's industrial sector.
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