FINANCIAL NEWS

Egypt to develop three industrial complexes

02 Dec 2016

(MENAFN) Egypt aims to invite investors to develop three industrial complexes covering pharmaceuticals, food and engineering industries.

Accordingly, the projects located in Port Said, Sadat City and Badr City in Northeast Egypt, which will attract investments worth USD60mn.

In addition, the three industrial complexes would house 500 industrial units and be finished amid a year after they are launched at the end of 2016.

Moreover, the projects are within a plan by the Ministry of Trade and Industry to attract capital into small and medium manufacturing ventures.

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