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اليوم السابع
30% of industrial land for small projects
The implementation regulation of the Small and Micro Enterprise Development Law organizes the allocation of land for projects according to specific guidelines. It requires the competent authorities, in coordination with the Microenterprise Development Agency, to allocate at least 30% of vacant land in industrial, tourism, urban development, and agricultural reclamation areas for small and medium-sized projects. The procedures include land preparation and planning, providing the necessary data for allocation, coordinating real estate transactions (sale, lease, partnership), and designating representatives to manage applications and contracts. Additionally, the establishment of industrial complexes supporting agricultural or livestock production on agricultural lands is permitted with the approval of the Prime Minister, aiming to enhance support for small projects and develop local economic sectors.
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