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Industry Minister unveils Egypt Digital Incentives
The Egyptian Ministry of Industry, through its Minister Khaled Hesham in an interview on Middle East Radio, proposed new incentives to attract industrial investments. These include launching the Digital Egyptian Industrial Platform, which offers the option to lease land with the possibility of eventual ownership at affordable prices. The initiative aims to reduce the initial financial burdens on investors and direct capital toward building factories and purchasing production equipment rather than land. Additionally, it seeks to curb practices such as land speculation and trading. These measures represent an important step to support production and accelerate the implementation of development and industrial projects in Egypt.
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