IDA, FEI review financing initiatives to support industrial sector growth
The Industrial Development Authority (IDA) and the Federation of Egyptian Industries (FEI) have reviewed the implementation status of several state-backed financing initiatives aimed at supporting industrial expansion and addressing challenges facing investors. IDA Chairperson Nahed Youssef held an expanded meeting
Egypt’s IDA streamlines rules for changing, expanding industrial activities
Egypt’s Industrial Development Authority (IDA) has introduced a new set of streamlined regulations allowing manufacturers to change or add industrial activities within approved industrial zones, in a move aimed at reducing administrative burdens and accelerating licensing procedures. Under the updated
Egypt’s Industrial Authority weighs licensing reforms to ease investor burden
Egypt is stepping up efforts to streamline industrial licensing and improve the investment climate, as the Industrial Development Authority (IDA) explores a new package of reforms aimed at reducing costs and accelerating procedures for manufacturers. Nahed Youssef, Head of the
IDA launches 414 ready-to-operate industrial units across 11 governorates
Industrial Development Authority (IDA) has announced the launch of 414 fully equipped industrial units for immediate delivery across 12 industrial complexes in 11 governorates, as part of the Ministry of Industry’s strategy to localise manufacturing and strengthen domestic supply chains.
Egypt launches new incentives to support distressed industrial projects
The Ministry of Industry has announced a new package of grace periods and incentives aimed at supporting distressed industrial projects that have exceeded their approved implementation timelines, as part of the government’s efforts to accelerate production, protect manufacturers, and maximise
Egypt to reoffer lands of non-serious investors: Al-Wazir
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, met with Fayoum Governor Ahmed El-Ansary and senior officials to address challenges faced by investors in the governorate’s industrial zones and explore solutions. The meeting reviewed
No serious investor’s request for industrial land will be rejected: El-Wazir – Dailynewsegypt
Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel El-Wazir, has assured investors of the government’s commitment to providing ample industrial land and addressing the challenges they face. In a meeting with over 70 investors,