16 Hrs
Source:
الشورى
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Productive Village Plan
The Cabinet, chaired by Mostafa Madbouly, approved a cooperation protocol among the ministries of industry, agriculture, local development, and environment to implement the “Productive Village” initiative, in response to directives from President Abdel Fattah el-Sisi. The initiative aims to establish non-polluting small and medium-sized industrial clusters in 1,000 villages by 2030 and offer 1,000 investment opportunities through 14 quarterly rounds, with around 100 to 150 opportunities in each round. Its goal is to create jobs and strengthen local production. The General Authority for Industrial Development will offer and allocate the sites and monitor project implementation under an annual usufruct system, while ownership of the assets will remain with the authorities responsible for them.
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