The minister of transport also presented other investment opportunities.
The official clarified that the industrial zone is located southern the city in the desert area.
Prime Minister Mostafa Madbouli attended Tuesday the signing of a quadrilateral memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) located Eastern Port Said.
Prime Minister Mostafa Madbouli attended Wednesday the signing of the MoU between the General Authority for Free Zones and Investment (GAFI) and Sumitomo Egypt.
The main axis of the economic reform program is to increase the relative weight of the sectors of manufacturing, agriculture, communications and information technology, according to Minister of Planning Hala El-Said.
The official's statements came during an event held by the Ministry of Planning and Economic Development on alternative financing to sustainable development.
The conference will be held on May 30-31, and have as theme "By Industry."
The supreme committee consists of a number of technical committees.
This year's event is scheduled for March 27-28 in Cairo.
The president statements' came during the inauguration of new Aswan’s Urea and Ammonia Plant.
The two cooperation agreements were signed by Khalid Geyushi, managing director of Geyushi TAutomotive industry, and Sun Ju, executive vice president of Shandong Heavy Industries Group, according to a statement.
Upper Egyptian governorates, from the North to the South, are Fayoum, Beni Suef, Menya, Asyut, Sohag, Qena, Luxor, and Aswan.
Prime Minister Mostafa Madbouli checked Monday evening the model of the electric car.
The report describes resilience factors, types of responses, and trends of the future.
Prime Minister Mostafa Madbouli attended Monday the inauguration of a new production line introduced by Flex P Films.
Although the free trade part entails removing tariffs, that is not all.
Prime Minister Mostafa Madbouli examined Tuesday ways of localizing automotive manufacturing in Egypt with the CEOs of General Motors and Mansour Group.
The official also indicated that number of industrial establishments currently operating there.
Zakaria underlined that some of the industrial zones Egypt is establishing near seaports are aimed at localizing certain industries.
One of the 19 new private universities began operation in 2021.