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بوابة أخبار اليوم
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Wood Room: Private sector boosts manufacturing to 75%
Engineer Mohamed Abdel Ghaffar, Chairman of the Furniture and Wooden Products Industry Chamber, affirmed that increasing the private sector’s contribution to 75% of total investments contributes to boosting local manufacturing, increasing production, creating job opportunities, and enhancing competitiveness in both domestic and international markets. The government’s approach to increasing private investments aims to develop factory capabilities, modernize machinery, and improve product quality, with a focus on simplifying procedures and facilitating access to land and licenses. These policies lead to increased exports, revitalization of supply chains, and a reduction in reliance on imports, with the success of this strategy measured by increased production, job creation, and the deepening of local manufacturing.
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