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بوابة أخبار اليوم
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Industry Minister Advances Lease-to-Own Program
The Minister of Industry, Engineer Khaled Hesham, announced the launch of the rent-to-own system for industrial lands, as part of Egypt's Digital Industrial Ecosystem. The goal is to facilitate investment and support manufacturers. The system allows investors to lease lands for a period ranging from 7 to 21 years, with the option to own the land at the end of the lease. It includes flexible terms and suitable installment plans to ensure the entry of new, serious industrial projects, reduce land speculation, and promote the optimal use of state assets. This initiative is among several mechanisms that aim to offer more flexible procedures for allocating and leasing industrial lands, with the objective of attracting diverse industrial investments and stimulating economic growth.
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