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FINANCIAL NEWS
Egypt approves 253 industrial projects in May
30 Jun 2017
(MENAFN) A whole of 253 industrial projects were given approvals in May, at a total value of EGP2.2bn, as proclaimed Egypt’s minister of trade and industry.
Furthermore, the projects will offer almost 50.000 direct job chances, through seven industrial sectors, with 64 approvals given in engineering and 44 in chemicals.
Additionally, almost 36 approvals were issued for the spinning and weaving sector, five for minerals, nine for mining and one for leather.
Meanwhile, almost 107 investors delivered approvals to increase their industrial businesses in May with whole expansions in industrial zones and governorates.
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MENAFN3006201700450000ID1095587935
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