Egypt to launch new digital platform for industrial investment today: Trade Ministry

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Sun, 01 Sep 2024 - 03:56 GMT

BY

Sun, 01 Sep 2024 - 03:56 GMT

Cairo – September 1, 2024: The Trade and Industry Ministry has unveiled the first phase of its new online platform for industrial investment, developed in collaboration with state-owned FinTech e-finance, named Made In Egypt (MadeIn.EG).

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This platform enables potential investors to explore investment plots via an interactive map, submit applications, and monitor their application status.

Future enhancements will include an electronic document vault and round-the-clock technical support.

The platform's debut offering, available from September 1-8, features 1,100 land plots totaling 8.5 million square meters across 14 governorates. Results will be announced two weeks after the application period closes.

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Announced in July, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir, at the time, emphasized the platform's role in streamlining investment processes and enhancing transparency.

The new Egypt Digital Industrial Platform aims to simplify interactions and ensure equal treatment for all investors, he highlighted.

This initiative follows the earlier launch of the "Egyptian Industry" platform, which provided key information about public, mixed, and private sector companies under the Ministry of Industry and Transport.

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