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بوابة الشروق
Hani Halim: Industry Minister's land decisions aim to attract investment
The article discusses the efforts of the Egyptian government to improve the industrial land allocation system and facilitate investment procedures in the industrial sector. It announces the launch of nine new mechanisms that offer high flexibility in land ownership or leasing, along with the adoption of a unified digital platform to support manufacturers, AI technologies for feasibility studies, reduced fees, and modifications to height regulations within industrial zones. These policies aim to attract investments, encourage vertical expansion of factories, increase production, enhance the competitiveness of Egyptian products, contribute to higher GDP, boost exports, create job opportunities, and reduce reliance on imports. The statements emphasize that these measures represent a strategic step toward creating a more attractive investment environment through rapid and efficient coordination among ministries, updating legislation, and simplifying procedures.
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