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FINANCIAL NEWS
Egypt aims development of new industrial complex
02 Sep 2016
(MENAFN) Egypt Ministry of Industry and Trade signed a deal of collaboration with the Alexandria governorate in the field of SMEs projects.
Moreover, the deal involved the possibility of usufruct in the industrial complex on the petrochemicals road in Margham, Alexandria for a renewable period of 30 years.
The Ministry will handle the issuing of usufructs for investors, which is an important tool to raise the bar of competition for SMEs.
In addition, the agreement is part of the ministry plans to enhance SMEs by turning them into complete, executive projects, that abide by specific performance indicators.
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