Trade Ministry to ink 1st industrial city in Egypt

CAIRO – 19 September 2017: Egypt's government will sign Tuesday the first industrial city in Egypt, which will be located north of Fayoum governorate, Minister of Trade and Industry Tarek Kabil announced.

In an interview at the second day of the Euromoney Egypt Conference, Kabil added that the city will be stretching over 33 million square meters.

The two–day conference kicked off on Monday in Cairo and saw interviews with the Minister of Finance Amr El-Garhy, Chairman of the Egyptian Exchange (EGX) and a number of investment banks and mega firms.

More details to follow.